Subdued demand from alloy-makers in the spot marketplace also put pressure on nickel futures prices.
In the Multi Commodity Exchange, October nickel fell by Rs 7. forty, or 0. 74%, to Rs 992. 30 for each kg, with a business turnover of 93 plenty.
The September contract lost Rs 7, or 0. 70%, in order to Rs 986 per kg in 960 lots.
Market analysts attributed the fall in nickel futures prices to some weakening trend overseas on demand concerns after the US unemployment report showed that no jobs were added within the world's largest economy last month, fuelling fears of the slowdown.
In addition, weak demand from alloy-makers within the domestic spot market also weighed on nickel futures costs, they said.