On the Multi Commodity Exchange, nickel contracts for March delivery fell by 80 paise, or 0.88 per cent, to Rs 952.20 per kg with a business turnover of 2,920 lots.
Similarly, nickel contracts for April delivery dropped by Rs 2.90, or 0.30 per cent, to Rs 950.10 per kg in 79 lots.
Analysts said subdued demand in spot market mainly led to fall in nickel prices here. VHP RUJRUJ