In futures trading, lead for delivery in January 2016 contract was trading 40 paise, or 0.35 per cent, down at Rs 114.75 per kg in a business turnover of 14 lots.
Metal for delivery in December fell by 30 paise, or 0.26 per cent to trade at Rs 114.90 per kg in 246 lots.
Analysts said besides weak demand from battery-makers in the domestic spot market, weakness in the base metals pack in Shanghai after data from China showed industrial profits declined again, underscoring a manufacturing slowdown in the biggest metals consumer, weighed on lead futures here.
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