How to place a basket order in the Kotak Securities mobile app?

Kotak Securities offers traders the opportunity to place basket orders. With a basket order, you can place multiple orders for multiple scrips with a single click.

All you need to do is create a basket with multiple orders for the same or different stocks and combine these orders to place them in one go.

You can create up to 10 baskets of 50 securities each.

Each basket can contain stocks from different segments, i.e. equity derivatives, currency or commodity stocks can be included in one basket.

Baskets can also be created after the market closes. Once created, baskets remain saved, i.e. you can create baskets after the market closes and then execute them during market hours.

The basket order function can be used via the "Orders" tab in Neo mobile/web.

The steps to place a basket order with Kotak Securities are:

1. Open the Order tab in the Kotak Neo mobile app.
2. Click on "Basket" in the "Order" tab.
3. There are 5 predefined baskets. Click on "Basket 1" to start or add a new basket. Add multiple scrips to the basket.
4. You can search for stocks or securities using the search bar and add them to the basket by clicking "Add to Basket 1".
5. You can also select securities from your watchlist. Click "Add from Watchlist" and select multiple securities.
6. You can select securities from multiple watchlists. If you want to select all scrips from the watchlist, click "Select All".
7. After you select the securities, the "Edit Basket" screen will open. On the "Edit Basket" screen, you will need to enter the following information:
   • Select the product type for all shares or F&O shares, i.e. either Cash/MTF/NRML/ MIS.
   • Select buy/sell for each security.
   • Enter the number of shares/lots you wish to buy/sell for each security.
   • Price for each security. You can also place market orders.
   • Click Save Basket 1 (once the basket is saved, the order can be placed at any time).
   • Click Push to place orders and all orders in the basket will be placed.
   • The orders are placed in the order of the basket.
   • You can check the order status on the Orders - Open/Closed tab.

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