Last Updated on Dec 14, 2021 by Aradhana Gotur

Isn’t it inconvenient to research stocks at one place, buy or sell them on other, and track their performance on a different platform? Isn’t it also inconvenient to transact multiple stocks individually? It is! Thanks to Tickertape’s Transactions and Basket features, you can now add all your favourite stocks to a basket and buy and/or sell them, all in a single go. What’s more, you can also transact ETFs on Tickertape.

Transaction and Basket features work on the lines of online purchases. You add your chosen items in your cart and execute a single buy transaction. Here’s a short description of what these do.

Transactions

Transactions feature on Tickertape allows you to trade in stocks directly from Tickertape. You don’t have to jump to another platform to place your orders. You can analyse your chosen stocks on Tickertape and transact from here via your broker account.


Basket

Basket is like a cart on an e-commerce site. It accommodates both Buy Orders to buy stocks/ETFs and Sell Orders to sell scrips. It also allows you to modify your transactions, which is discussed a little later.

Enjoy a seamless, end-to-end stock and ETFs investing experience with Transactions and Basket

Transactions and Basket are perhaps among the most ground-breaking features in the Fintech space. Before starting out a transaction on Tickertape, ensure that your broker account is connected to your Tickertape account. Then, follow these steps:

  1. Head on to Tickertape’s screener, filter stocks/ETFs based on ratios and key metrics and evaluate each of them on the respective stock pages
  2. Once satisfied with your evaluation, click on ‘Place Order’. Now select the type of order: buy or sell, and set the quantities you want to trade
  3. Next, click on ‘Add to Basket’ button to add the stock/ETF to your basket. Or click on Buy Now or Sell Now to trade the individual stock/ETF
  4. After adding all your chosen stocks/ETFs to the Basket, click on the basket icon on the top header bar. Wait to be redirected to the “Your Basket” page
  5. Here, take a final look at your order and make the necessary changes to Your Basket, if any
  6. Once all is set, click on ‘Place Orders’ button to execute the transaction
  7. Finally, track the performance of your stocks/ETFs by importing your current portfolio from your broker account

Executing multiple Buy and Sell orders for stocks/ETFs on Tickertape and monitoring their performance is really that simple.

Infographic: How to trade stocks and ETFs using Transactions on Tickertape


Other applications of Basket

Apart from facilitating a single transaction for multiple buy and sell orders of stocks, Basket has other applications too. Once on “Your Basket” page, you have the following options:

  • Copy the list of stocks/ETFs to the watchlist, and vice-versa
  • Switch between Buy and Sell Order types for each stock/ETF. You can do this by launching the options dropdown menu: click on the ‘three dots’ on the respective stock row. Then select Move to buy or Move to sell, as is required
  • Place individual stock orders. Click on the options dropdown menu and select Buy or Sell for individual stocks
  • Place an order for the entire basket by clicking on Place Orders button

Things to note when using Transactions and Basket features on Tickertape

  • The amount next to the Place Orders button mentions the net value of the transaction, which you either have to receive or pay, based on whether the transaction is an overall Net Buy or Net Sell
  • Orders under Transactions are placed as market orders. Ergo, the final executed price of the trade may differ from the prices displayed here. Also, note that this amount is simply the net price of the transaction so it doesn’t include other charges such as brokerage and STT

Those were Transactions and Basket features for you. If you haven’t tried these features of Tickertape yet, do it right away! Also, we would like to know your thoughts on the features.

Aradhana Gotur
guest
1 Comment
Inline Feedbacks
View all comments
55,00,000+ users trust Tickertape for Investment Analysis!
55,00,000+ users trust Tickertape for Investment Analysis!
55,00,000+ users trust Tickertape for Investment Analysis!
55,00,000+ users trust Tickertape for Investment Analysis!

The blog posts/articles on our platform are purely the author’s personal opinion and do not necessarily represent the views of Anchorage Technologies Private Limited (ATPL) or any of its associates. The content in these posts/articles is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, please consult a professional financial or tax advisor. The content on our platform may include opinions, analysis, or commentary, which are subject to change, without notice, based on market conditions or other factors. Further, the use of any third-party websites or services linked on the website is at the user's discretion and risk. ATPL is not responsible for the content, accuracy, or security of external sites. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The examples and/or securities quoted (if any) are for illustration only and are not recommendatory. Any reliance you place on such information is strictly at your own risk. In no event will ATPL be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

By accessing this platform and its blog section, you acknowledge and agree to the Terms and Conditions of this website, Privacy Policy and Disclaimer.