On Wednesday, 1176 stocks advanced, 2428 declined and 134 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.48 indicating a negative closing of stocks in broader markets. Following Fitch Ratings' downgrading of the United States' sovereign credit rating from AAA to +AA, markets around the world, including Indian Equities, came under pressure. India's VIX surged 10% indicating market volatility. Additionally, poor economic data from China, the Eurozone, and the United States lowered investor confidence. Markets may continue to be muted.