Nickel down 0.14% on profit-booking

Nickel futures for January declined by Rs 1.30, or 0.14%, to Rs 951.30 per kg in 1,131 lots.

At the Multi Commodity Exchange (MCX), the February contract shed Rs 1.30, or 0.11%, to Rs 957.30 per kg in 426 lots.

Profit-booking by speculators affected the trade.

Besides, sluggish demand from alloy-makers also weighed on the metal prices.