The Indian benchmark indices opened with a positive to negative bias. Nifty dragged down by Indiabulls Housing as the company has been accused by SC for misappropriating of Rs 98K crore of public money. Indiabulls housing is the constituent of Nifty index which consists of 1.34% weightage. Overall market breadth is negative. All the sectoral indices are trading in red except Nifty IT and Auto. The Indian rupee opened higher by 20 paise at 69.45 per dollar versus previous close 69.65.