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Sector rotation

Where the money is going.

Leadership trends, sector and industry stage mix, the full heatmap, and the multi-year history — one place to decide which pockets deserve your attention.

Relative Rotation Graph

Every NSE sector plotted against the Nifty 50 — how strong it is (RS-Ratio) and whether that strength is building or fading (RS-Momentum). Drop into a sector to see which industries inside it are actually carrying the move.

Showing the graph as it stood on 2026-08-13 — the positions traders were actually looking at then, not hindsight. Back to today →

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LEADINGWEAKENINGLAGGINGIMPROVING95.397.7100102.3104.79698100102104RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeAuto Parts — Leading (RS-Ratio 102.55, RS-Momentum 100.94)Auto PartsRetail - Speciality — Leading (RS-Ratio 102.2, RS-Momentum 101.16)Retail - SpecialityTheme Parks & Gaming — Leading (RS-Ratio 101.8, RS-Momentum 100.66)Theme Parks & GamingPrecious Metals, Jewellery & Watches — Leading (RS-Ratio 101.45, RS-Momentum 100.27)Precious Metals, Jewellery & WatchesTour & Travel Services — Leading (RS-Ratio 101.34, RS-Momentum 101.37)Tour & Travel ServicesRetail - Online — Leading (RS-Ratio 100.74, RS-Momentum 102.12)Retail - OnlineWellness Services — Leading (RS-Ratio 100.7, RS-Momentum 100.42)Wellness ServicesHome Electronics & Appliances — Leading (RS-Ratio 100.21, RS-Momentum 100.42)Home Electronics & AppliancesRetail - Department Stores — Improving (RS-Ratio 99.87, RS-Momentum 101.75)Retail - Department StoresHousewares — Improving (RS-Ratio 99.75, RS-Momentum 102.65)HousewaresTextiles — Improving (RS-Ratio 99.06, RS-Momentum 101.14)TextilesCycles — Improving (RS-Ratio 99.03, RS-Momentum 102.39)CyclesRestaurants & Cafes — Weakening (RS-Ratio 102.53, RS-Momentum 99.95)Restaurants & CafesFour Wheelers — Weakening (RS-Ratio 101.68, RS-Momentum 99.52)Four WheelersTwo Wheelers — Weakening (RS-Ratio 101.62, RS-Momentum 98.86)Two WheelersTires & Rubber — Weakening (RS-Ratio 100.82, RS-Momentum 99.91)Tires & RubberAnimation — Weakening (RS-Ratio 100.29, RS-Momentum 99.4)AnimationThree Wheelers — Lagging (RS-Ratio 100, RS-Momentum 97.97)Three WheelersRetail - Apparel — Lagging (RS-Ratio 99.37, RS-Momentum 98.54)Retail - ApparelEducation Services — Lagging (RS-Ratio 98.33, RS-Momentum 99.96)Education ServicesHotels, Resorts & Cruise Lines — Lagging (RS-Ratio 98.27, RS-Momentum 98.58)Hotels, Resorts & Cruise LinesApparel & Accessories — Lagging (RS-Ratio 98.25, RS-Momentum 98.38)Apparel & AccessoriesFootwear — Lagging (RS-Ratio 98.24, RS-Momentum 99.27)FootwearHome Furnishing — Lagging (RS-Ratio 98.24, RS-Momentum 99.08)Home Furnishing
Each dot is an industry; the trail behind it is the last 8 weeks, one point per week. Rotation normally runs clockwise: Improving → Leading → Weakening → Lagging. Use the chips above to isolate industries — the axes stay fixed so positions remain comparable.
NSE industries by RRG quadrant, with where each one sat 1, 2 and 3 months earlier, RS-Ratio and RS-Momentum
IndustryNow1M2M3MRS-RatioRS-Mom8w return
Auto PartsLeadingLWW102.55100.94+12.7%
Retail - SpecialityLeadingWGG102.20101.16+14.3%
Theme Parks & GamingLeadingWLW101.80100.66+11.2%
Precious Metals, Jewellery & WatchesLeadingWLG101.45100.27+22%
Tour & Travel ServicesLeadingLLW101.34101.37+8.5%
Retail - OnlineLeadingWGW100.74102.12+3.1%
Wellness ServicesLeadingWWL100.70100.42+8.1%
Home Electronics & AppliancesLeadingLGW100.21100.42+3.6%
Retail - Department StoresImprovingGIG99.87101.75-5.5%
HousewaresImprovingWLW99.75102.65-0.2%
TextilesImprovingWWW99.06101.14-1.5%
CyclesImprovingILW99.03102.39-12.3%
Restaurants & CafesWeakeningGGW102.5399.95+20%
Four WheelersWeakeningGLL101.6899.52+8.6%
Two WheelersWeakeningLGL101.6298.86+23.3%
Tires & RubberWeakeningWLG100.8299.91+4.6%
AnimationWeakeningLIG100.2999.40+28.2%
Three WheelersLaggingGGW100.0097.97+6.6%
Retail - ApparelLaggingGGW99.3798.54-7.1%
Education ServicesLaggingWLW98.3399.96-3.2%
Hotels, Resorts & Cruise LinesLaggingWLW98.2798.58-2.5%
Apparel & AccessoriesLaggingWWW98.2598.38-3.8%
FootwearLaggingWGW98.2499.27-1.4%
Home FurnishingLaggingLLG98.2499.08-2.3%

L Leading · I Improving · W Weakening · G Lagging. Read the three history columns left to right to see the path: a run of I → L is a rotation being confirmed, L → W is one running out of road.

Benchmark: Nifty 50. Computed from 269 trading sessions, latest 2026-09-11. Updated after each end-of-day run. Thin industries without continuous history are left out rather than drawn from gaps.

How to read this

The horizontal axis is relative strength against the Nifty 50 — right of centre means the group is beating the index. The vertical axis is the momentum of that strength — above centre means the lead is still building. Both are measured against the group's own recent range rather than a fixed scale, so a position just past centre is a real move, not a rounding error.

Read the quadrant and the direction of travel, not the absolute distance. Groups normally rotate clockwise — Improving → Leading → Weakening → Lagging — and a tail curling back toward the centre is the earliest sign a run is ending. The most useful reading is a disagreement: something sitting in Leading with a tail already bending down is late, whatever the headline says.