Reliance, ONGC shares jump up to 8% on pact for deepwater resource sharing

Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) shares rose up to 8% on Wednesday’s session (January 28), following the announcement that they entered into an agreement for resource sharing related to deepwater offshore exploration and production (E&P) activities along India’s eastern coastline.

ONGC share price today was trading over 8% on BSE, while RIL share price today rose over 1%.

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