The best place to start is the BNC 2120 User Manual: http://www.ni.com/pdf/manuals/322444b.pdf. On page 6 they start the discussion on floating and grounding signals.
There is also a great online tutorial about floating and grounded signals: Field Wiring and Noise Considerations for Analog Signals:
http://zone.ni.com/devzone/conceptd.nsf/webmain/01F147E156A1BE15862568650057DF15?opendocument.
Hope this helps. Good luck with your application.