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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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Nothing selected — the graph is empty. Tick an industry above, or show all industries.

LEADINGWEAKENINGLAGGINGIMPROVING96.798.4100101.6103.396.498.2100101.8103.7RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeAgro Products — Leading (RS-Ratio 101.91, RS-Momentum 101.65)Agro ProductsSugar — Leading (RS-Ratio 100.18, RS-Momentum 101.45)SugarFMCG - Household Products — Improving (RS-Ratio 98.92, RS-Momentum 100.76)FMCG - Household ProductsTea & Coffee — Improving (RS-Ratio 98.91, RS-Momentum 101.02)Tea & CoffeePackaged Foods & Meats — Improving (RS-Ratio 98.9, RS-Momentum 100.62)Packaged Foods & MeatsSeeds — Improving (RS-Ratio 98.73, RS-Momentum 101.88)SeedsPackaged Foods — Weakening (RS-Ratio 101.75, RS-Momentum 99.14)Packaged FoodsAlcoholic Beverages — Weakening (RS-Ratio 101.72, RS-Momentum 99.62)Alcoholic BeveragesFMCG - Foods — Weakening (RS-Ratio 101.47, RS-Momentum 99.57)FMCG - FoodsFMCG - Personal Products — Lagging (RS-Ratio 99.21, RS-Momentum 99.46)FMCG - Personal ProductsSoft Drinks — Lagging (RS-Ratio 98.87, RS-Momentum 99.99)Soft DrinksFMCG - Tobacco — Lagging (RS-Ratio 98.57, RS-Momentum 99.11)FMCG - Tobacco
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
Agro ProductsLeadingIGL101.91101.65+2.5%
SugarLeadingLIW100.18101.45+6%
FMCG - Household ProductsImprovingGIW98.92100.76-2.9%
Tea & CoffeeImprovingIGW98.91101.02-1.3%
Packaged Foods & MeatsImprovingGGW98.90100.62-6.3%
SeedsImprovingGIW98.73101.88-13.3%
Packaged FoodsWeakeningIIW101.7599.14+8.2%
Alcoholic BeveragesWeakeningWLW101.7299.62+13.1%
FMCG - FoodsWeakeningGGW101.4799.57+5.9%
FMCG - Personal ProductsLaggingWIW99.2199.46+3.1%
Soft DrinksLaggingGLW98.8799.99-13.1%
FMCG - TobaccoLaggingGIW98.5799.11-4.1%

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.