On Wednesday, 2028 stocks advanced, 1560 declined and 155 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.3 indicating a positive closing of stocks in broader markets. As investors anticipated inflation data for both India and the US, the domestic market began to take a defensive attitude. The market's mood was impacted by China's deflationary trend and the downgrading of US mid and small-sized banks. However, a good uptick in the European market and the expectation that an upbeat RBI policy would not have an adverse effect on local economic development helped a late recovery in the domestic market.