A morning walk down Dalal Street | Life-time high around 11,760 possible if Nifty closes above 11,580

The Nifty not just reclaimed 11,550 on Thursday but also registered a fresh 6-month closing high while Sensex rallied by over 400 points on March 28.

The Bank Nifty rose 3,631 points in March series, biggest ever gain in a series, and Nifty rallied 7.2 percent or 777 points in the same period to register its biggest gains since January 2015. 

Markets look upbeat ahead of the earnings season as well as elections which is a positive sign. Apart from the banking and financial, experts feel that IT and auto pack Could also lead the rally in April series.

Despite global headwinds, participants took note of the latest monsoon update wherein the IMD shared the possibility of strong monsoon provided no El Nino surprise.