August 23, 2013 1:52 PM

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Sensex gains over 120 points in afternoon trade<br/>

Recovering from initial losses, the Sensex at the Bombay Stock Exchange stood 123 points, or 0.7 percent in positive territory, at 18,436 in afternoon trade, a short while ago.Earlier in the morning, however, the Sensex had opened with a loss of 62 points, or 0.3 per cent, at 18,251, as funds and retail investors booked profits after yesterday&apos;s strong gains.Stock markets in Japan, China, Taiwan, South Korea, Hong Kong, and Singapore were trading mixed, today. The US Dow Jones had ended 0.4 per cent higher in yesterday&apos;s trade.

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