However, a firm trend in metal overseas, capped the fall.
At the Multi Commodity Exchange, nickel for delivery in January declined by Rs 6.80, or 0.84 per cent, to Rs 802.30 per kg in business turnover of 1,717 lots.
Similarly, the metal for delivery in February moved down by Rs 6.20, or 0.76 per cent, to Rs 808 per kg in 17 lots.
Analysts said trimming of positions by participants on the back of subdued demand from alloy-makers in the spot markets mainly kept nickel prices lower at futures trade.
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