Nickel futures declined on MCX as speculators trimmed their positions, tracking subdued demand from alloy-makers and other consuming industries at the domestic spot market. The contract for August delivery was trading at Rs 745.70, down by 0.11% or Rs 0.80 from its previous closing of Rs 746.50. The open interest of the contract stood at 7405 lots.

The contract for September delivery was trading at Rs 749.70, down by 0.16% or Rs 1.20 from its previous closing of Rs 750.90. The open interest of the contract stood at 5474 lots on MCX.

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