What is a Market Order, and how can I place one on Lakshmishree?

Market Order is an order type that allows traders to Buy or Sell Stocks at The Best Available Price in the market.

How a Market Order Works:

  • Buy Market Order is executed at the lowest available selling price.
  • Sell Market Order is executed at the highest available buying price.
  • Since market orders are executed instantly, the final execution price may be slightly different from the last traded price.
     

How to Place a Market Order on Lakshmishree (Shree Varahi):

  1. Open the Shree Varahi trading platform.
  2. Select the stock/contract you want to trade.
  3. Choose Market Order as the order type.
  4. Enter the quantity and confirm the order.
     

Market Orders are best for quick execution, but they may result in price slippage if the market is highly volatile.