Nickel futures for March dropped by 60 paise, or 0.07%, to Rs 910.40 per kg in 1,162 lots. At the Multi Commodity Exchange (MCX), the April contract shed 50 paise, or 0.05%, to Rs 917.90 per kg in 48 lots. Nickel prices were affected as participants trimmed their holdings. Sluggish demand from alloy-makers in the spot market also has a negative effect. Weak global trend on demand concerns mainly led to the decline in nickel futures trade here.

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