December 10, 2013 1:45 PM

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Sensex loses 130 points in afternoon trade <br/>

The Sensex at the Bombay Stock Exchange lost some more ground in afternoon trade, and stood 130 points, or 0.6 percent in negative territory, at 21,197 a short while ago. Earlier in the morning, the Sensex had declined 49 points, or 0.2 percent, to 21,277 on profit-booking by funds and retail investors after recent strong gains, amid weak Asian bourses. The 30-share Sensex had gained almost 620 points in the previous three trading sessions, and hit a record closing high of 21,326, yesterday. Stock markets in Japan, Taiwan, South Korea, Singapore, and Hong Kong had posted modest losses of upto 0.4 percent, today, on speculation that the US Federal Reserve may soon start cutting back its monetary stimulus. The US Dow Jones Industrial Average had ended almost unchanged in yesterday&apos;s trade.

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