A basket on Upstox is a feature that allows users to create a collection of ‘Buy’ and ‘Sell’ orders for multiple stocks, futures, or options. Instead of placing each order individually, users can submit the entire basket with multiple orders all at once.
The concept of a basket order is used to streamline the process of trading multiple securities and to manage large transactions more efficiently. Instead of placing individual orders for each security in the basket, investors or traders can submit a single order for the entire basket.