Designing of bio-compatible nanomagnets with multiple functionalities receives immense scientific attention due to their potential applications in bio-labeling, medical diagnosis and treatment. Here we report the synthesis of Nickel (Ni) incorporated single-walled carbon nanotube (SWCNT) hybrid and bio-compatible bundles having interesting magnetic and photoluminescence (PL) properties. The SWCNT exhibits a high-crystallinity and it has an average diameter of ∼1.7 nm. Ni particles of 10-20 nm were incorporated within the SWCNT bundles. These hybrid bundles exhibit PL and it is attributed to the presence of delocalized π electrons and their recombination at the defective sites of SWCNT. Magnetic characterization revealed that the SWCNT/Ni hybrid bundle possesses a high (50 Oe) coercivity compared to bulk Ni and a long range ferromagnetic ordering at room temperature. MTT-assay has been conducted to study the cytotoxicity of these hybrid nanostructures.
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