Shares of Jindal Steel & Power Ltd and DLF today witnessed selling pressure, falling over 3 per cent, after the announcement that both the firms will be dropped from the NSE index Nifty from March 27.
DLF's scrip settled the day with a loss of 3.27 per cent at Rs 146.40 on the NSE. During the day, it fell by 4 per cent to Rs 145.20.
Similarly, JSPL shares closed the day at Rs 187.70, down 3.37 per cent. In intra-day trade, it had lost 4 per cent to Rs 186.45.
Telecom firm Idea Cellular and private sector lender Yes Bank would be included in the 50-share benchmark index.
Shares of Idea Cellular ended with a gain of 0.63 per cent at Rs 151.90, while Yes Bank fell by 2.11 per cent to Rs 807.65 on the NSE.
India Index Services & Products Ltd, which maintains Nifty index, had in a statement on Friday said DLF and 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 replaced by Indiabulls Housing Finance and United Spirits Ltd.
