At the Multi Commodity exchange, lead futures for January softened by 35 paise, or 0.27% to Rs 128.55 per kg in 2,668 lots.
The February contract shed 30 paise, or 0.23% to Rs 129.10 per kg in 401 lots.
Weak demand from battery-makers, a weak trend in the base metals pack at the London Metal Exchange after the Federal Reserve signalled a halt to asset purchases aiming to spur US economic growth, triggered the downtrend.
Strengthening dollar, which reduced the appeal for commodities, including metals, also weighed on the prices.