Nickel down 0.2% on profit-booking

Profit-booking by speculators put pressure on nickel futures here

Nickel futures for March traded Rs 1.60, or 0.17% lower, at Rs 913.90 per kg in 587 lots.     

At the Multi Commodity Exchange (MCX), the  April contract shed Rs 1.20, or 0.13%, to Rs 921.40 per kg in 62 lots.

Besides subdued domestic demand, profit-booking by speculators put pressure on nickel futures prices here.

speculators reduced their positions amid a weak spot demand.

The metal's strength in the global market, cushioned the fall.