Nanocrystalline nickel ferrite has been successfully synthesized through carbon-adsorb auto combustion method from Ni and Fe nitrate salts. The powders were characterized by X-raydiffraction(XRD) techniques,scanning electron microscopy(SEM),transmission electron microscopy(TEM) and vibrating sample magnetometry(VSM). XRD indicated that the products were spinel NiFe2O4. SEM and TEM indicated that the particles were spherical with particle size in the range 10-80nm. VSM showed that the sample exhibited typical ferromagnetic behavior at room temperature,while the coercivity of the sample was 150.45Oe and the residual magnetization of the sample was 5.1emu/g.The saturation magnetization of the sample(25.3emu/g)was lower than that for the reported bulk particles(55emu/g), and it has the ultrafine nature.