What is a Basket Order?

What is a Basket Order?

A basket order is used to buy or sell a group of securities simultaneously. Basket order is essential for institutional investors and investment funds who wish to hold a large number of securities in certain proportions.
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      To invest in a Grobox sign in with IIFL credentials. When you buy/sell a Grobox basket, the stocks/ETFs featuring in it will be credited or debited to your account. The minimum investment amount may vary depending on the stocks or ETF that make up ...
    • What types of orders can I place in OmneNest?

      You can place the following types of orders by navigating to Main Menu > Orders & Trades: Normal Order Basket Order AMO (After Market Order) Bracket Order (BO) Cover Order (CO) GTT (Good Till Triggered) Spread Order
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      Bulk orders are similar to basket orders. If a user wants to buy/sell multiple stocks at once from the investment cart, he/she can use bulk order to execute the order.
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      Select the create basket option from your profile to create your Grobox basket. On the next step add a name to your basket for a better understanding of the segment. Once the Grobox basket is named you can add the stocks in which you are interested. ...
    • Is Smallcase and Wealth Basket different?

      Yes, Smallcase and Wealth Basket are totally differnent