Tracking a firm trend in other base metals, nickel futures gained 0.36 per cent to Rs 1,080.40 per kg today.
A firming trend in the domestic spot market amid strong demand from alloy-makers also supported the upside in nickel futures prices.
At the Multi Commodity Exchange counter, nickel for December delivery rose by Rs 3.90, or 0.36 per cent, to Rs 1,080.40 per kg, with an open interest in 1,592 lots.
Similarly, the metal for January contract delivery also moved up by Rs 4, or 0.36 per cent, to Rs 1,091.60 per kg, with an open interest in 468 lots.
Market analysts said a firm trend on the London Metal Exchange mainly influenced nickel futures prices here amid dollar weakness.
In addition, a pick-up in demand from alloy-makers in the domestic spot market also supported the upside in metal prices here, they said.