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 2026-09-04 — the positions traders were actually looking at then, not hindsight. Back to today →
Nothing selected — the graph is empty. Tick a sector above, or show all sectors.
| Sector | Now | 1M | 2M | 3M | RS-Ratio | RS-Mom | 4w return |
|---|---|---|---|---|---|---|---|
| Energy | Leading | G | I | G | 102.39 | 100.45 | +0.9% |
| Financials | Leading | I | W | G | 101.75 | 100.27 | -0.1% |
| Health Care | Leading | W | L | L | 101.66 | 100.25 | +0.6% |
| Real Estate | Leading | W | L | W | 101.46 | 100.51 | +1.4% |
| Information Technology | Leading | W | I | W | 100.84 | 100.74 | -1.9% |
| Utilities | Improving | G | G | L | 99.28 | 100.50 | -2.5% |
| Materials | Weakening | L | I | W | 101.95 | 99.74 | +0.9% |
| Communication Services | Weakening | W | L | W | 101.06 | 98.98 | -2.5% |
| Industrials | Weakening | L | W | L | 101.05 | 99.10 | -1.7% |
| Consumer Discretionary | Weakening | W | W | L | 100.85 | 99.22 | -1.5% |
| Consumer Staples | Lagging | G | I | I | 98.08 | 99.81 | -3.8% |
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.
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.