*Tesla catapults US indices to fresh highs*

U.S. stocks finished higher on Tuesday after a rally in shares of Tesla Inc. pushed the S&P 500 and the Nasdaq Composite to fresh record highs. Shares of Tesla finished more than 10% higher on Tuesday after it surprised investors by reporting second-quarter deliveries that beat expectations.

U.S. markets will have a shortened trading session Wednesday and will be closed Thursday for the Fourth of July holiday.

The au Jibun Bank reported that Japan's composite purchasing managers’ index fell to 49.7 in June, down sharply from 52.6 a month prior. This signals a decrease in Japanese private sector activity for the first time in seven months.

China's services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey showed on Wednesday, suggesting more economic stimulus is needed.

Puravankara aims to secure 20 million square feet of land by the end of the fiscal year

KEC International received a new order worth Rs 1,017 crore in its T&D and renewables businesses

Healthcare Global Enterprises approved the acquisition of 196-bed Hospital in Vishakhapatnam for Rs 362 crore

M&M Finance reported disbursements up 5% year-on-year at Rs 12,730 crore for the end of Q1 FY25

Stocks in Asia mostly rose as traders weighed prospects for Federal Reserve interest-rate cuts after Jerome Powell cited signals that the US is back on a disinflationary path.

Nifty opened higher on July 03 on the back of strong global cues and made a fresh all time high of 24236. However it witnessed profit booking at higher levels and finished the day marginally in the red. At close Nifty was down by 18 points or 0.07% at 24123 levels. On the higher side, next resistance is seen around 24250 levels. The level of 23889 could provide support in the near term.

Indian markets could open higher, in line with mostly higher Asian markets today and higher US markets on July 02.