Lead futures for March declined by 95 paise, or 0.83% to Rs 113.85 per kg in 4,497 lots.
At the Multi Commodity Exchange (MCX), the April contract edged lower by 70 paise, or 0.60% to Rs 115.45 per kg in 2,639 lots.
Prices fell after speculators trimmed their positions amid subdued spot market demand.
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Weak global trend weighed on lead futures trade here.
On the London Metal Exchange (LME), lead fell 0.1% to $2,115 a tonne.