Sensex settles 850 pts lower, Nifty ends below 24,200: Surging crude prices among key factors behind market decline

The equity benchmark indices Sensex and Nifty declined on Thursday, tracking a surge in crude oil prices, foreign fund outflows and weak cues from Asian markets.   The Sensex settled 852.49 points or 1.09 percent lower at to 77,664, while the broader Nifty declined to 24,173.05, down 205.05 points or 0.84 percent.   Twelve of…