What is meant by Basket order

With a single click, you can place many orders in multiple scrips using basket order. All you have to do is put several orders for the same or various scrips into a basket and combine them to place them all at once. Features of Basket orders include:

• Up to ten baskets with fifty scrips each can be made.
• Scrips from various segments, such as stock, equity derivatives, currency, or commodities, can be added to a single basket.
• You can use a single basket to place both purchase and sell orders.
• Baskets can also be made outside of market hours. You can create baskets after-market hours and then execute them during market hours because they will stay saved once formed.