With FundsIndia, you can place real-time market orders, and GTC (Good Till Cancelled) orders.
A real time market order can be placed from 9 AM to 3:30 PM on a trading day. The orders placed during the day will be automatically cancelled after the market closes.
A GTC order can be placed any time during the day. It will not be executed until the limit price has been reached within the next seven calendar days. If the GTC order is not executed within this period, it will automatically get cancelled at the end of the seventh day.