Can I continue investment in equities if I go overseas for 2 years ?

I invest in Indian equities through a online trading account. Next month I am going to US for 2 Years. Legally, can I still operate the trading account and invest in Indian Stock Markets ? FYI, I continue my employment with an Indian company and will be on overseas assignment.

Legally, if you live in the U.S. more than 183 days during a calendar year, you are considered a U.S. resident for tax purposes. Your employment and citizenship are irrelevant. So the only thing that is going to change is that you will file your tax returns in the U.S., not in India.

If you want to do everything by the book, you must notify your Indian broker that you are moving abroad, so that they can withhold Indian income taxes from dividends you receive. You can claim those taxes as a credit on your U.S. tax returns. Capital gains will be taxable in the U.S. at normal U.S. rates.

y
better ask ur broker & do necessary formalities 2 save taxes

You won't have any problems making the actual trades. It's up to you whether you choose to report gains and pay taxes on your overseas investments. If you're a green card holder you are supposed to, but the US govt would have no way of knowing about an Indian brokerage account and any gains/losses you made. If you're just an employment pass holder than you probably don't need to.

But I would encourage you to invest in the US instead, specifically indexed investing. We have a very broad, liquid, high quality market here, with many more investment options, and the long-term capital gains tax rates are very favorable. (15%). And with an index fund you just buy it and more or less forget about it - no trading necessary. An index fund is expected to return about 10% a year with some monthly volatility.