The National Stock Exchange on Wednesday said it would exclude two Anil Dhirubhai Ambani Group companies — Reliance Power and Reliance Communications — from its benchmark Nifty index from April 27. These two companies will be replaced by Asian Paints and Bank of Baroda in the 50-share index.
In August 2011, the Bombay Stock Exchange had exclude Reliance Infrastructure and Reliance Communications — from its benchmark Sensex.