Mumbai: Buying by domestic funds has led to a nearly 1,400-point rally in the Sensex over two days with Reliance Industries as well as BFSI and IT sector stocks accounting for most of the gains. The surge came even as some strong selling was recorded by foreign funds. On Thursday, the Sensex added 777 points, on top of its 620-point rally on Wednesday, despite rising global fears about the impact of the Omicron variant of the Covid virus and chances of the US Fed ending its easy money policy in the next few months, ahead of its earlier schedule of the second half of 2022.
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