Before Market Opens, March 18 -- Indian markets are likely to open on a negative note on Monday as Asian markets traded cautiously ahead of the central banks meeting later this week. Meanwhile, Gift Nifty was trading 48 points lower, indicating a weak start for benchmark Nifty. Let's take a look at some key cues before the market opens today:

US stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting. The Dow Jones Industrial Average fell 190.89 points, or 0.49 percent, to 38,714.77. The S&P 500 lost 33.39 points, or 0.65 percent, at 5,117.09 and the Nasdaq Composite dropped 155.36 points, or 0.96 percen...