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Nickel futures for April declined by Rs 2.70, or 0.29% to Rs 920.10 per kg in 409 lots.
At the Multi Commodity Exchange (MCX), the March contract shed Rs 2.30, or 0.26% to Rs 913.60 per kg in 6715 lots.
Prices were affected as speculators trimmed positions on negative cues from overseas markets.
On the London Metal Exchnage (LME), nickel dropped 0.7% to $16,774 a tonne.
