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Indian Exchanges Closed for Independence Day, Sensex and Nifty End Flat
15 Aug
Summary
- Indian stock exchanges closed on August 15 for Independence Day
- Sensex and Nifty ended flat ahead of US-Russia talks
- S&P upgraded India's credit rating to 'BBB' with a stable outlook
On August 15, 2025, the Indian stock markets, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), were closed for the 79th Independence Day celebrations. The exchanges remained shut for all trading activities, including equities, equity derivatives, and the securities lending and borrowing (SLB) segment. Trading is expected to resume on Monday, August 18.
Prior to the market closure, on August 14, the Sensex and Nifty ended the day's trading in a flat manner amid a highly volatile session. Investors turned cautious ahead of the upcoming talks between the United States and Russia scheduled for August 15.
In a positive development, global rating agency S&P has upgraded India's sovereign credit rating to 'BBB' with a stable outlook. This is the first time India's rating has been upgraded in nearly 19 years, with S&P citing the country's robust economic growth, political commitment to fiscal consolidation, and a 'conducive' monetary policy to control inflation.
