Shares of Trent, a Tata Group company, hit a new high of Rs 7,939.90 after rallying 4% on the NSE during Thursday's intra-day trade. Trent, along with Bharat Electronics, will replace Divis Laboratories and LTIMindtree in the Nifty 50 index. Bharat Electronics is expected to attract inflows worth $336 million following its inclusion. Trent, which has tripled in value over the last 12 months, is anticipated to receive the highest flows among the top 10 names, worth nearly $500 million. Canara Bank will be added to the Nifty Bank index, with expected inflows of $92 million, despite its shares declining 1.5% over the last month. Additionally, ONGC and Coal India will see an increase in their weightage on the index, with expected inflows of $26 million each. NHPC, BHEL, and Union Bank of India will be included in the Nifty Next 50 index, with anticipated inflows of $50 million, $47 million, and $32 million respectively. The Nifty rebalancing is scheduled for tomorrow.