ONGC gains after unit's agreement with Rosneft

Reuters Market Eye - Oil and Natural Gas Corp gains 2.2 percent after a company unit, ONGC Videsh, entered into a deal with Russia's Rosneft on Saturday for cooperation in exploration and hydrocarbon production from Russia's offshore deposits.

"The parties will jointly consider forming a consortium led by Rosneft and involving other partners," Rosneft said.

(Reporting by Abhishek Vishnoi)