The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
The Sensex ended below 28,000 for the second straight day at 27,869.
USL is already contesting a Karnataka High Court order.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
A glance back at some of the important ups and down Indian Inc faced in 2018.
