Erasing initial gains, Sensex at the Bombay Stock Market fell by 130 points to 19261 in late morning deals today due to selling pressure in IT sector on the back of lower Asian cues. Earlier the BSE benchmark had shot up over 99 points in opening trade on sustained buying by funds and retailers, after the ruling government's victory in Parliament over FDI in multi-brand retail sector amid firm Asian cues. Simlarly, the wide-based National Stock Exchange index Nifty lost 38 points to 5862.