What are Basket Orders?

A Basket Order allows you to place multiple orders at the same time with just one click. This means you can select multiple scripts and securities, add them to a basket, and execute them when the time is right for you and suited to the market. Instead of placing individual orders for each security in the basket, you can place a single order for the entire basket.

Not only does this save a lot of time, but it also streamlines the process of trading in multiple

securities and makes managing large orders more efficient.

With Arihant Plus, you can add up to 20 different across exchanges including stocks, ETFs, futures, and options in your basket. You can create as many baskets as you like. Plus, you can even clone or modify existing baskets to implement different investment strategies.

How to place basket order in Arihant Plus

1. Login to Arihant plus application

2. Navigate to ‘Trades’ Tab on the bottom of the screen

3. Select ‘My Basket’ on the top of the screen & click on Create Basket

4. Type the name of your basket.

5. Once the basket is created click on the name of the basket

6. Click on Add order

7. Search the scrip name and click on Buy

8. Order screen will open

9. Add the quantity and click on add basket

10. Click on Execute all orders

Salient Features of Basket Orders with Arihant Plus:

• There are no extra charges for basket orders, just the normal applicable brokerage.
• You can execute limit and market orders, delivery, margin, carryforward and intraday orders, as well as stoploss, cover and robo orders.
• Baskets can be created anytime but only executed during market hours.
• You can also name, rename and delete baskets.
• Once a basket is executed, you may track the status of individual orders anytime (e.g. if the order status has been executed, pending or failed).