Reuters Market Eye - Shares in Oil and Natural Gas Corp gain on Wednesday with dealers citing hopes of reforms on subsidies and gas prices ahead of the state-owned company's share sale.
ONGC shares were trading up 1.8 percent to 425.60 rupees as of 12:33 a.m.
The government plans to sell a stake in ONGC, India's largest oil and gas exploration company, later this year.
(Reporting by Abhishek Vishnoi)
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