Domestic markets rallied for four days in the lead up to the Budget in anticipation of a pro-growth and fiscally prudent policy announcements. Now, all the focus will turn to Nirmala Sitharaman, where the finance minister will present a record eighth Budget.”Market expects reductions in individual tax and job generation to boost consumption. By cutting the fiscal deficit but continuing to boost infrastructure spending, the government may set the tone for a potential recovery in the consolidating market,” said Vinod Nair, Head of Research, Geojit Financial Services.Here’s breaking down the pre-market actions:STATE OF THE MARKETSTech View: The underlying trend of Nifty remains strong. Having surpassed the hurdle of 23,500 levels, bulls could advance towards another resistance of 23,800 levels in a short period of time. Immediate support is at 23,400 levels, said Nagaraj Shetti.India VIX: India VIX, which is a measure of the fear in the markets, fell 6.6% to settle at 16.25 levels.MSCI’s index of Asia-Pacific shares outside Japan was trading xxx per cent lower/higherJapan’s Nikkei dropped/rose xxx%Australia’s ASX 200 fell/gained xxx%New Zealand’s DJ declined xxx%South Korea’s Kospi shed xx%China’s Shanghai plunged xxx%Hong Kong’s Hang Seng fell xx%US equitiesDow JonesS&P 500NasdaqDollar climbs/fallsThe dollar xxxxxThe dollar indexEuro was little changed to $xxxPound edged lower to $xxxYen was struggling/gained at xxx per dollarYuan exchanged hands at xxx against the greenbackOil falls/risesOil prices xxxxxxBrent crude futures xxxxxBrent crude futures xxxxxStocks in F&O ban todayNILSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.FII/DII actionForeign portfolio investors turned net sellers at Rs 1,188 crore on Friday. DIIs bought shares worth Rs 2,232 crore.RupeeThe rupee pared initial losses and settled flat at 86.62 against the US dollar on Friday, as the support from positive domestic equities was negated by unabated foreign fund outflows and month-end dollar demand.FII dataThe net short of FIIs increased from Rs 1.73 lakh crore on Thursday to Rs 1.74 lakh crore on Friday.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)