Lead traded a shade lower by Rs 0.25, or 0.32 per cent to Rs 76.85 per kg in futures trade, after traders reduced their positions.
Weak demand for the commodity at physical markets from the consuming industries kept pressure on the lead futures prices.
At the Multi Commodity Exchange, lead for delivery in July contract fell Rs 0.25, or 0.32 per cent, to Rs 76.85 per kg, with an open interest of 1,136 lots.
The metal for delivery in current-month, June contract also traded lower by Rs 0.15, or 0.20 per cent, at Rs 75.75 per kg, with a turnover of 10,936 lots.
Analysts said a weak trend at spot markets on subdued demand, led to a fall in lead prices but overnight gains in metal at the London Metal Exchange, capped losses.
At the LME, lead traded 4.57 per cent higher at $1,625 per tonne.