Lead futures declines by 1.44 pct

Likewise,the metal for delivery in February traded lower by Rs 1.35,or 1.17 per cent,to Rs 114.30 per kg,with a business volume of five lots.

Market analysts said weak trend in the entire base metals pack overseas on concern that prevailing geopolitical tensions may derail the global economic recovery and weak trend at the domestic spot markets on sluggish demand mainly put pressure on the lead futures prices here.

At the London Metal Exchange,lead fell by 1.1 per cent to USD 2,538 per tonne.