Nifty indices to undergo a shuffle: E-commerce giant Zomato and fintech company Jio Financial expect to receive $822 million in inflows, as energy major BPCL and consumer goods company Britannia exit the sector.

The Nifty 50 index is undergoing a semi-annual rebalancing process, which will see the addition of Zomato and Jio Financial Services to the index. This change is expected to bring in a passive inflow of $544 million and $278 million, respectively. On the other hand,...