At the Multi Commodity Exchange, nickel for delivery in December was trading down by Rs 3.50, or 0.44 per cent, at Rs 792.60 per kg in a business turnover of 62 lots.
The metal for delivery in current month was also down by Rs 3.30, or 0.42 per cent, to trade at Rs 788.50 per kg in a turnover of 858 lots.
Analysts said the fall in nickel prices was mostly in-line with a weakening trend at the spot markets due to sluggish demand from consuming industries but metal's strength overseas, limited the loss.
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