Traders said sentiment in nickel turned bearish after it fell in global markets as a technical indicator signalled to
some investors that the gains were excessive.
Meanwhile,nickel for delivery in three months retreated 0.4 per cent to 18,270 dollar a metric tonne on the London Metal Exchange.
In the national capital, nickel (4x4) fell by Rs 4 to Rs 1,070-1,071 per kg.
The following were today's metal rates per kg:
Lead ingot 126, lead imported 124, aluminium ingots 148,Aluminium sheet cutting 149, aluminium wire scrap 151 and aluminium utensils scrap 148.
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