Verma was dismissed for a duck in the opening game against Pakistan that Indian won and hasn't exactly done well for the past few games.
All the matches will be held in Vijayawada in the four-team tournament which will conclude on December 9.
Young opener Shafali struck 57 off 50 balls with six hits to the fence in Sixers' successful run chase against Hobart Hurricane, who made 125 for nine.
Chasing 100 runs to win in 11 overs in the rain-hit match, the 17-year-old right-handed opener fell for 8 (10 balls, 1 four) in the fourth over.
Shafali could score only 8 runs in the first ODI, which the visitors lost by nine wickets against Australia on Tuesday.
The 17-year-old Rohtak-born Shafali, scored a total of 159 (96 and 63) runs on her Test debut against England earlier this year and was the 'Player-of-the-match'.
Verma is holding onto her top rank with 759 ranking points, ahead of Australian Beth Mooney (744) and India T20 vice-captain Smriti Mandhana (716).
Annabel is back in the Australian team after being ruled out of the series against New Zealand.
Opening batter Smriti Mandhana talked about her partnership with Shafali Verma, and also pointed out that the side is working on improving its batting in the middle overs.
Shafali is being linked to Sydney Sixers, who are leading the race to include the Indian batter in their squad. The 17-year-old from Rohtak is the world's top-ranked T20I batter
Among the male nominees, Conway smashed a double century on Test debut at Lord's in June
Swashbuckling opener Shafali Verma received her maiden ODI cap from India women's team captain Mithali Raj.
The flamboyant teenager, known for her attacking style of play, is set to make her ODI debut in the three-match series against England, starting here on Sunday.
The 17-year-old batting sensation, who has taken world cricket by storm, has so far played 22 T20 Internationals.
17-year-old Shafali became the youngest woman and fourth overall to score twin half-centuries in her debut Test and was rightfully adjudged player-of-the-match.
Sophie said that when she is bowling to Shafali, the only thing going on in her mind is to bowl "my best ball" and "win the battle".
The teenage prodigy was batting on 55 not out off 68 balls in the Indian second innings when the day's play ended after the third session was washed out by rains.
Shafali on Friday became the fourth player to record 50+ scores in both innings of her debut women's Test.
In fact, Sridhar said that the whole Indian team whenever they had time off from training have been glued to the Test match and mighty impressed by the Haryana teenager's pyrotechnics.
She smashed 13 fours and two sixes during her 152-ball stay but her attempt to reach the century with a maximum proved costly as she mistimed a Kate Cross delivery which was caught by Anya Shrubsole.
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