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If you are using the NOW() function, you will get the current date and the time. Another way is pressing the Ctrl key, the Shift key and the ; key, which will give you just the current time. If it is for another time other than now, then you can format the date and time to just show the time. Press Ctrl - 1 to access the Format settings, and under Number you will find Date and Time and then pick what format you want. You can also define a custom format.

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