LAUNCHXL-CC1310: Problem with fopen()

I am trying to open and read a binary file. 

I am using the following code:

                  FILE* BinFile;
                  BinFile = fopen("output123.bin", "rb");

                  if(BinFile)
                  {
                      Display_printf(displayHandle, 0, 0, "File exists... = %x \n", BinFile);
                  }

                  if (BinFile == NULL)
                  {
                      Display_printf(displayHandle, 0, 0, "Error opening file...\n");

                      perror("fopen");
                      return (NULL);
                  }

Now the problem is that the file "output123.bin" does not exist anywhere, but I get no error message instead the output is : 

                 File exists... = 20002120

When I try to read a file that actually exists in the same directory, what I read is completely wrong.