What does it suggest for a stock to be replace on the S&P 500?

Which are the best books available within India for the brass tacks of stock marketing?

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Answers:   It means that funds that own indexes such as the S&P500 will enjoy to sell the stock that is to say being dumped, and buy the stock explicitly replacing it.

example:
http://www.reuters.com/article/hotStocks...

What effect do investment properties hold on the reduction?

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that the stock no longer meets the requirements to be contained by the top 500 for S&P and is replaced by the next surrounded by line

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