Sensex sheds 170 points

Weak cues from Asian and European markets kept the Indian market pinned down today. Sensex ended the day at 15,587, down 169 points from the previous close. Nifty shut shop just above 4700 at 4709, down 51 points. But CNX Midcap index gained 0.7% and BSE Smallcap inde, 0.5%. Market breadth was positive with 635 advances against 587 declines on the NSE.