A morning walk down Dalal Street| Nifty may head towards 11200-11400, selling pressure possible if index closes below 11,049

Both Sensex and Nifty50 climbed crucial resistance levels on Monday to reach their highest level in 2019.

The S&P BSE Sensex closed above 37000 for the first time since September 19, 2018 while Nifty50 reclaimed 11,100 levels for the first time since September 21. 

Almost all the sectoral indices participated in the rally and the broader indices too showed noticeable buying. The S&P BSE Mid-cap index rose 1.96 percent while the small-cap index gained 1.6 percent in trade massively outperforming benchmark indices.