Lead futures prices fell 0.69 per cent to Rs 107.50 per kg today, largely on profit booking by speculators, even as the metal strengthened in the global markets.
Subdued demand in domestic markets also kept pressure on the lead futures prices.
At the Multi Commodity Exchange counter, lead for delivery in December weakened by 75 paise, or 0.69 per cent, to Rs 107.50 per kg, with a business turnover of one lot.
The metal for delivery in October also traded lower by 45 paise, or 0.43 per cent, at Rs 105.35 per kg, clocking in a business turnover of three lots.
Meanwhile, lead rose 0.4 per cent to $2,420 an ounce on the London Metal Exchange.
Market analysts attributed the fall in lead futures to profit taking, but firming trend in other base metals capped losses.