New Delhi, March 26 -- Zomato and Jio Financial Services are set to enter the benchmark Nifty 50 index on Thursday, March 27, replacing Britannia Industries and Bharat Petroleum Corporation (BPCL), amid the semi-annual rebalancing of Nifty Indices. The Nifty Indices semi-annual rejig coincides with the derivative expiry.

The inclusion of Zomato shares into the frontline Nifty 50 index is expected to lead to passive inflows worth $602 million in the stock, while inflows in Jio Financial Services shares are estimated at $308 million, according to Abhilash Pagaria, Head, Nuvama Alternative & Quantitative Research.

On the contrary, the exclusion of Britannia Industries and Bharat Petroleum Corporation (BPCL) will lead to outflows of $238 mi...