At the Multi Commodity Exchange, nickel for delivery in current month fell Rs 5.60, or 0.78 per cent, to Rs 711.70 per kg, in a business turnover of 1,358 lots.
Also, metal for delivery in October fell by Rs 4.60, or 0.64 per cent, to Rs 716.80 per kg in 13 lots.
Market analysts said profit-booking by speculators coupled with muted demand from alloy-makers at the spot markets, led to a fall in nickel futures.
Zinc futures traded a shade lower at Rs 192.90 per kg after speculators lightened positions, tracking a weak global trend and subdued demand at the domestic spot market.
At the Multi Commodity Exchange, zinc for delivery in the current month declined by 10 paise, or 0.05 per cent, to Rs 192.90 per kg, in a business turnover of 469 lots.
The metal for delivery in January softened by a similar margin to trade at Rs 193 per kg in 9 lots.
Analysts said the weakness in zinc at futures trade was mostly attributed to a weak trend in metals in global market.
Copper futures traded 0.28 per cent lower at Rs 420.20 per kg today as speculators trimmed positions amid weak trend in the global markets.
Moreover, muted demand at domestic spot markets also put pressure on prices.
At the Multi Commodity Exchange, copper for delivery in November eased by Rs 1.20, or 0.28 per cent, to Rs 420.20 per kg, in a business turnover of 774 lots.
The metal for delivery in February next year too fell by a similar margin to trade at Rs 424.40 per kg in a business volume of six lots.
Analysts said, a weak trend in copper in the global market in yesterday’s trade after some weaker-than-expected data from China pointed to slowing demand from the metal’s top consumer and low demand at the domestic spot markets, weighed on copper prices at futures trade.
Globally, three-month copper prices ended down 0.70 per cent at four-week low of USD 6,498 per tonne.