India’s stocks inch higher ahead of Fed move; rare-earth export ban persists

India’s benchmark indices opened mildly higher on Wednesday, tracking Asian peers as markets awaited the U.S. Federal Reserve’s decision. The Nifty 50 rose as metal and power stocks led, while asset-manager shares lagged amid regulatory-concerns. Separately, Malaysia’s trade minister confirmed the country will maintain its ban on raw rare-earth exports, despite recent agreements with the U.S., underlining supply-chain tensions in critical minerals. Investors are balancing positive equity cues with geopolitical and commodity-risk implications ahead of key policy events.