mumbai indian stock exchange nse on tuesday said its index maintenance subcommittee has decided to replace housing development finance corporation hdfc with ltimindtree in the benchmark nifty 50 index effective july 13the replacement comes after hdfc merged with hdfc bank on july 1analysts had earlier said that ltimindtree was an expected replacement in the nifty 50 index after hdfc stops tradingas per preliminary calculations of nuvama alternative and quantitative research analysts ltimindtree should see an inflow of about 150 million to 160 millionshares of ltimindtree have risen 45 in the last seven trading sessionshdfc is also being replaced in the nifty 100 index by jindal steel powerjindal steel power will also replace ltimindtree in the nifty next 50 index