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Idea, Yes Bank to replace DLF and JSPL in Nifty

Realty major DLF and Naveen Jindal- led Jindal Steel & Power will be dropped from the National Stock Exchange’s benchmark index Nifty from March 27.

At the same time, telecom firm Idea Cellular and private sector lender Yes Bank would be included in the 50-share benchmark index. India Index Services & Products Ltd, which maintains Nifty index, in a statement today said DLF and Jindal Steel & Power Ltd (JSPL) would be excluded from the 50-share benchmark index with effect from March 27, 2015. DLF and JSPL would also be excluded from CNX 100 Index and would be replaced by Indiabulls Housing Finance and United Spirits Ltd.
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