Transionospheric satellite signals are exposed to perturbation, caused by irregularities generated in the ionosphere. However, the characteristics of the satellite motion can have an additional impact on signal perturbation, in addition to the effects of irregularity structures, that drift from west to east during geomagnetic quiet conditions. This paper reports the effect of Global Positioning System satellite geometry, on tracking loop performance of ground‐based receivers, during occurrence of ionospheric scintillations. Observations are made from station Calcutta (22.58°N, 88.38°E geographic; magnetic dip 34.54°), located near the northern crest of Equatorial Ionization Anomaly, during three different solar activity periods (March 2014, March 2015, and March 2022). Efforts have been made to study the correlation of east‐west component of satellite velocity at Ionospheric Pierce Point (IPP) with duration of loss‐of‐lock and rate of signal fading (<−10 dB), from ground scintillation pattern observations. Results of this study show 75%–78% correlation between duration of loss‐of‐lock and eastward component of satellite velocity, for all three period of observation. Subsequently, shorter duration of loss‐of‐lock has been observed corresponding to satellite velocity being westward. Signal fading rate is found to decrease with increasing satellite velocity, having median value of the fading rate cumulative distribution percentage, corresponding to satellite velocity of 16.69, 31.76, and 19.14 m/s respectively during March 2014, March 2015, and March 2022. Results of this study also indicate direction and component of satellite velocity at IPP to be a dominant cause of signal outage, even during periods of weak to moderate scintillations. Plain Language Summary: Equatorial ionosphere is often characterized with generation of irregularities which are electron density depleted regions in the nighttime F layer, that drift from west to east with an average velocity of 100 m/s. Transionospheric satellite links, when intersected by these irregularities can cause fluctuation in signal amplitude and phase, received on ground. Such fluctuations, commonly known as scintillations, are observed as a regular phenomenon over low‐latitude and equatorial stations, especially during equinoctial period of a high solar activity year. The station Calcutta, being located near the northern crest of Equatorial Ionization Anomaly, witnesses some of the worst cases of signal perturbation due to effect of the medium, sometimes leading to complete outage of signal, termed as loss‐of‐lock. However, occurrence of such events can have contribution from both the motion of irregularities and satellites. Under condition of synchronization of signal motion with irregularity drift, tracking loop of a receiver can result in longer duration of loss‐of‐lock. In this study, efforts have been made to understand the effect of Global Positioning System satellite geometry on such tracking loop performance of ground‐based receivers, in presence of scintillation. Results of this study indicate higher duration of loss‐of‐lock when eastward component of satellite velocity is higher. Key Points: Effect of Global Positioning System satellite geometry on tracking loop performance of ground‐based receivers in presence of scintillationStudy of east‐west component of satellite velocity at Ionospheric Pierce Point and its correlation with occurrence of loss‐of‐lockObservation of signal fading rate, having depth <−10 dB, to study its correlation with synchronization of irregularity structure [ABSTRACT FROM AUTHOR]