PSU banking major Canara Bank is likely to be included in the Bank Nifty index in the September reshuffle, Nuvama Alternative & Quantitative Research said. The report further stated that Trent and Bharat Electronics can replace LTI Mindtree and Divi's Lab in Nifty50. In the Nifty Next 50, JSW, NHPC and Union Bank could be included, the report added.