Tracking weak base metals overseas, lead prices fell by Rs 1.30, or 1.74 per cent to Rs 73.40 per kg in futures trade today.
Weak trend at physical markets due to sluggish spot demand for the metal from the consuming industries also kept pressure on the lead futures prices.
At the Multi Commodity Exchange, lead for June contract shed Rs 1.30 or 1.74 per cent, to Rs 73.40 per kg, clocking a turnover of 10,890 lots.
The metal for delivery in July contract also traded lower by Rs 1.25, or 1.65 per cent, at Rs 74.55 per kg, with a turnover of 1,026 lots.
Analysts said a weak trend in lead and other base metals pack, at the London Metal Exchange on euro zone debt crisis and worries about slowing economic growth in China, continued to put pressure on the lead futures here.