New Delhi, Feb. 6 -- The Nifty 50's much-anticipated reshuffle on 27 March could see two new-age companies debut at the expense of established players as well as trigger significant fund inflows and outflows, reshaping investor portfolios and sectoral representation within the benchmark index.

According to Nuvama Alternative & Quantitative Research, food delivery giant Zomato Ltd and Jio Financial Services Ltd are poised to replace state-owned Bharat Petroleum Corporation Ltd (BPCL) and packaged consumer goods company Britannia Industries Ltd on the Nifty 50. An official announcement is expected later this month.

Zomato made history on 23 December by becoming the first new-age company to be included in the elite BSE Sensex index, which ...