The Indian stock market opened in the negative territory on Monday, with the benchmark Sensex of the BSE falling over 100 points in opening trade. The Nifty 50 of the National Stock Exchange traded 26 points, or 0.23%, lower at 11,117.10 points. Most banking stocks like ICICI Bank, Kotak Bank, IndusInd Bank, SBI, along with other index heavyweights like Bharti Airtel, Maruti Suzuki, M&M, and Tata Motors, witnessed heavy selling pressure on the Sensex index.