Lead futures fell by 0.98% to Rs 116.35 per kg today after speculators booked profits amid a weak trend at the London Metal Exchange.
Subdued demand from battery-makers at the domestic spot markets put pressure on lead futures prices here.
At the Multi Commodity Exchange, lead for delivery in September fell by Rs 1.05, or 0.90%, to Rs 115.90 per kg, with a business turnover of 2,363 lots.
The October contract shed Rs 1.15, or 0.98%, to Rs 116.35 per kg, with business volume of 249 lots.
Globally, lead traded 0.86% lower at $2,101.75 per tonne at the London Metal Exchange in early trade today.
Marketmen said apart from profit-booking, a weak trend in copper and other base metals at the London Metal Exchange (LME) ahead of a Federal meeting later this week for stimulus developments, put pressure on lead futures prices.