Lead moves down 0.23% on profit-booking

Subdued demand from battery-makers affected the trade

Lead futures for February declined by 30 paise, or 0.23% to Rs 128.25 per kg in 4,617 lots.

At the Multi Commodity Exchange (MCX), the March contract traded lower by a similar margin to Rs 128.80 per kg in 443 lots.

Profit-booking by speculators at prevailing higher levels, subdued demand from battery-makers in the spot market influenced the lead prices.