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The domestic equity market opened on a cautious note on Thursday, as fifth and final phase of polling in Bihar kick started and investors await exit polls later in the day.At 9.20 am, the BSE benchmark Sensex was was ruling 92.49 points, or 0.35 per cent, lower at 26,460.43, led by selling in index heavyweights such as HDFC Bank, ICICI Bank and Sun Pharmaceuticals. 

India's Housing and Urban Development Corp., or HUDCO, plans to raise funds selling commercial paper maturing within a month, three dealers said.Chennai Petroleum Corp Ltd plans to raise funds selling commercial papers maturing within this month, three merchant bankers said.Housing Development Finance Corp. plans to raise 10.00 billion rupees selling bonds maturing in 15 months, three merchant bankers said Wednesday.