Many Indian citizens have started investing and trading in the stock market, especially after the COVID-19 pandemic.
According to Business Standard, the total number of investor accounts based on the Securities and Exchange Board of India (SEBI) data was 150 million. Among these, the number of accounts associated with unique taxpayers was 92 million in 2024. This number has more than tripled, from 27 million in FY2019, since the pandemic.
These investors usually have to monitor the Indian stock market thoroughly to stay profitable. However, it might be difficult for frequent travelers with assets in the Indian stock market to keep up with market developments. Investors must stay current even while traveling since the stock market is based on exact timing and patterns that can change rapidly.
Fortunately, modern technology and astute tactics enable staying current and making prompt judgments from any location in the world. Here is a thorough list of practical tactics frequent travelers may use to easily track and manage their trades and investments.
Leverage Mobile Apps for Real-Time Updates
One of the most practical ways to keep up with the Indian stock market while on the road is through mobile apps. Almost all of the biggest investing and trading firms have a mobile app that gives news, market trends, and real-time updates.
Travelers may access comprehensive dashboards, stock price notifications, and research tools from their phones using popular applications. For instance, you can use popular apps from brokers like Zerodha, Groww, or Angel One.
Collectively, these three brokers hold a market share of over 53%. Being the biggest players, these brokers’ apps and platforms usually offer features like live market charts, alerts, screeners, market trend updates, etc.
By configuring these applications with customized notifications for certain companies or indexes, investors may get immediate alerts about market or price changes. No matter where you are, you can respond quickly thanks to this real-time access.
Is it possible for mobile applications to monitor more than one stock market or only the Indian one?
You may follow other foreign stock markets in addition to the Indian market using a variety of mobile trading apps. For simpler monitoring, see if the app you’re using provides regional upgrades or access to international markets.
Rely on Automated Alerts
Another good tactic for regular travelers is to set up automatic alerts. They are like notifications that you may establish to alert you to changes in price, technical circumstances, or economic outcomes. The value of the underlying equities may be impacted by all of these variables. There are different types of alerts that you can set, such as price change, percentage change, 52-week high/low trigger, etc.
Users may establish customized alerts for certain stocks, sectors, or indexes on the majority of trading platforms and investment applications. You may customize these alerts to tell you when a stock hits a specific price when there is a lot of market activity.
Travelers may eliminate the need to continuously monitor the market by utilizing automatic alerts. This provides them with immediate updates for any developments they choose to monitor.
How often can I configure notifications to be sent to me?
You may choose the alert frequency on the majority of trading platforms, ranging from daily summaries to immediate notifications of particular price movements. Usually, you may restrict how many notifications you receive in a given day. Add notifications for longer durations that you may check as soon as you have a signal again if you’re going somewhere with spotty internet.
Use eSIM for Seamless Connectivity
You can do several things, like using mobile apps, relying on automated alerts, or staying updated with financial news. However, none of these would be helpful without seamless data connectivity.
There’s no denying that you don’t necessarily have to get an eSIM for this connectivity, as you can use physical cards for the same. However, while many physical SIM operators offer international roaming plans, they are usually very costly. On the other hand, an e-SIM can offer frictionless data connectivity at affordable costs.
As stated by eSIM India, these digitally embedded cards can get you international roaming data packages that are up to 70% cheaper. Besides being affordable, these cards are easy to set up because you don’t have to switch them like physical SIMs. Instead, you can use them to connect with different local network providers instantly to get data access.
A large number of devices now support this technology, and several foreign cellular operators sell eSIM plans tailored for tourists. Investors can remain online no matter where they are with these services that provide flexible eSIM data contracts across different countries.
Activation often takes just a few minutes, and travelers may explore and buy these plans straight from an app or website. Investors may use the eSIM for internet access while still using their phone number for calls and messages because these plans are usually data-only.
It is due to such benefits that the number of travelers using eSIM is expected to grow exponentially. According to Juniper Research, the numbers can increase by 440% over the span of the next five years. From just 40 million in 2024, travel eSIM users can grow up to 215 million by the end of 2028. There’s no doubt that the core reason facilitating this growth will be the rising international roaming costs.
Stay Updated with Financial News Apps and Websites
Subscribing to financial news applications that target the Indian market might be quite advantageous for frequent visitors. Some of the apps that offer fast, in-depth news and analysis of the Indian stock market include Moneycontrol, Economic Times, and Livemint.
Moneycontrol is the biggest financial news platform in India, with over 90 million unique monthly visitors and 8 million active app users. In fact, it has hit 1 million subscribers and has grown to become the biggest subscription platform in the country. Launched in 2019, Moneycontrol Pro grew 10-fold within five years to achieve this feat.
The reason behind this growth is the credible financial news reports the platform offers. Investors and traders can rely on the information shared on the platform to make their investment decisions.
Thanks to the customizable capabilities offered by many of these platforms, users may choose which businesses, industries, or individual stocks they wish to monitor. Some even offer real-time market analysis and live news feeds, which can help make well-informed judgments when prompt action is required.
Are applications for financial news able to function offline?
You may download articles from certain financial news applications to read offline. However, in order to guarantee real-time accuracy, livestock prices and updates necessitate an internet connection. With a reliable internet connection, you can monitor Indian and global financial news to analyze the market and make investment decisions.
It might be difficult to stay on top of the Indian stock market when you travel a lot. However, it is completely doable with the correct resources and tactics. Frequent travelers may remain up to date on important developments and market trends by utilizing the tips mentioned in this article.
Ultimately, these strategies let tourists stay in touch with the market without compromising the freedom of being on the road all the time. Regular travelers may maintain their investments in line with market dynamics with careful planning and the appropriate tools.
