Sector rotation

NSE relative rotation graph (RRG)

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.

ViewSectorsIndustries·Communication ServicesConsumer DiscretionaryConsumer StaplesEnergyFinancialsHealth CareIndustrialsInformation TechnologyMaterialsReal EstateUtilities
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Showing the graph as it stood on 2026-10-22 — the positions traders were actually looking at then, not hindsight. Back to today →

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LEADINGWEAKENINGLAGGINGIMPROVING95.697.8100102.2104.496.198.1100101.9103.9RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeFootwear: Improving (RS-Ratio 99.18, RS-Momentum 100.68). 17% of its stocks in Stage 2, breadth weakFootwearAnimation: Improving (RS-Ratio 98.86, RS-Momentum 101.01). 100% of its stocks in Stage 2, breadth thinningAnimationTwo Wheelers: Improving (RS-Ratio 98.71, RS-Momentum 101.48). 29% of its stocks in Stage 2, breadth thinningTwo WheelersTires & Rubber: Improving (RS-Ratio 98.4, RS-Momentum 100.29). 8% of its stocks in Stage 2, breadth weakTires & RubberFour Wheelers: Improving (RS-Ratio 98.37, RS-Momentum 101.15). 0% of its stocks in Stage 2, breadth weakFour WheelersPrecious Metals, Jewellery & Watches: Improving (RS-Ratio 98.16, RS-Momentum 100.11). 35% of its stocks in Stage 2, breadth thinningPrecious Metals, Jewellery & WatchesHotels, Resorts & Cruise Lines: Weakening (RS-Ratio 102.08, RS-Momentum 100). 28% of its stocks in Stage 2, breadth strongHotels, Resorts & Cruise LinesTheme Parks & Gaming: Weakening (RS-Ratio 100.41, RS-Momentum 98.52). 67% of its stocks in Stage 2, breadth strongTheme Parks & GamingRetail - Online: Weakening (RS-Ratio 100.39, RS-Momentum 98.43). 75% of its stocks in Stage 2, breadth strongRetail - OnlineEducation Services: Weakening (RS-Ratio 100.09, RS-Momentum 98.43). 26% of its stocks in Stage 2, breadth strongEducation ServicesRetail - Apparel: Lagging (RS-Ratio 99.83, RS-Momentum 98.54). 18% of its stocks in Stage 2, breadth buildingRetail - ApparelWellness Services: Lagging (RS-Ratio 99.32, RS-Momentum 97.17). 100% of its stocks in Stage 2, breadth thinningWellness ServicesApparel & Accessories: Lagging (RS-Ratio 99.25, RS-Momentum 98.32). 18% of its stocks in Stage 2, breadth weakApparel & AccessoriesRetail - Speciality: Lagging (RS-Ratio 99.13, RS-Momentum 98.65). 43% of its stocks in Stage 2, breadth thinningRetail - SpecialityTextiles: Lagging (RS-Ratio 98.08, RS-Momentum 97.63). 29% of its stocks in Stage 2, breadth thinningTextilesCycles: Lagging (RS-Ratio 98.01, RS-Momentum 99.65). 0% of its stocks in Stage 2, breadth weakCyclesHome Furnishing: Lagging (RS-Ratio 98.01, RS-Momentum 98.6). 8% of its stocks in Stage 2, breadth weakHome FurnishingAuto Parts: Lagging (RS-Ratio 97.93, RS-Momentum 99). 34% of its stocks in Stage 2, breadth thinningAuto PartsHome Electronics & Appliances: Lagging (RS-Ratio 97.82, RS-Momentum 98.03). 18% of its stocks in Stage 2, breadth weakHome Electronics & AppliancesThree Wheelers: Lagging (RS-Ratio 97.65, RS-Momentum 99.2). 0% of its stocks in Stage 2, breadth weakThree WheelersRestaurants & Cafes: Lagging (RS-Ratio 97.62, RS-Momentum 99.01). 67% of its stocks in Stage 2, breadth thinningRestaurants & CafesTour & Travel Services: Lagging (RS-Ratio 97.62, RS-Momentum 98.04). 20% of its stocks in Stage 2, breadth weakTour & Travel ServicesRetail - Department Stores: Lagging (RS-Ratio 97.32, RS-Momentum 99.39). 25% of its stocks in Stage 2, breadth weakRetail - Department StoresHousewares: Lagging (RS-Ratio 96.74, RS-Momentum 98.25). 25% of its stocks in Stage 2, breadth buildingHousewares
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. A bigger dot means more of the industry's stocks are in Stage 2. Use the chips above to isolate industries; the axes stay fixed so positions remain comparable.

No industry is Leading on this graph. Show all

Showing the 6 Improving industries: behind, but turning up. Show all

Showing the 4 Weakening industries: still ahead, losing momentum. Show all

Showing the 14 Lagging industries: behind and still slipping. Show all

NSE industries by RRG quadrant, with where each one sat 1, 2 and 3 months earlier, RS-Ratio and RS-Momentum
IndustryNowBreadth1M2M3MRS-RatioRS-Mom8w returnStage 2 stocks
FootwearImprovingWeak17%price aheadGIW99.18100.68-8.9%Screen →
AnimationImprovingThinning100%price aheadWLL98.86101.01-5.6%Screen →
Two WheelersImprovingThinning29%price aheadLWL98.71101.48-12.2%Screen →
Tires & RubberImprovingWeak8%price aheadGWW98.40100.29-9.6%Screen →
Four WheelersImprovingWeak0%price aheadIWI98.37101.15-14.2%Screen →
Precious Metals, Jewellery & WatchesImprovingThinning35%price aheadWLW98.16100.11-7.9%Screen →
Hotels, Resorts & Cruise LinesWeakeningStrong28%breadth aheadLIG102.08100.00+2.3%Screen →
Theme Parks & GamingWeakeningStrong67%breadth aheadWWI100.4198.52+0.1%Screen →
Retail - OnlineWeakeningStrong75%breadth aheadWLW100.3998.43+8.4%Screen →
Education ServicesWeakeningStrong26%breadth aheadWIG100.0998.43+2.4%Screen →
Retail - ApparelLaggingBuilding18%breadth aheadIGG99.8398.54-5.7%Screen →
Wellness ServicesLaggingThinning100%LLL99.3297.17-7.9%Screen →
Apparel & AccessoriesLaggingWeak18%WIG99.2598.32-3.9%Screen →
Retail - SpecialityLaggingThinning43%WLL99.1398.65-4.5%Screen →
TextilesLaggingThinning29%WLL98.0897.63-7.1%Screen →
CyclesLaggingWeak0%ILI98.0199.65-24.4%Screen →
Home FurnishingLaggingWeak8%GIL98.0198.60-7.6%Screen →
Auto PartsLaggingThinning34%LWW97.9399.00-9.4%Screen →
Home Electronics & AppliancesLaggingWeak18%LLW97.8298.03-9.8%Screen →
Three WheelersLaggingWeak0%IGW97.6599.20-17.7%Screen →
Restaurants & CafesLaggingThinning67%LWG97.6299.01-14.3%Screen →
Tour & Travel ServicesLaggingWeak20%LGL97.6298.04-9.3%Screen →
Retail - Department StoresLaggingWeak25%LIG97.3299.39-18.3%Screen →
HousewaresLaggingBuilding25%breadth aheadIIW96.7498.25-15.2%Screen →

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.

Breadth is how much of the industry is in Stage 2 (the percentage, and the size of its dot on the graph) compared with the other industries here: Strong a large share and growing, Building a small share but growing, Thinning a large share but shrinking, Weak a small share and shrinking.

Benchmark: Nifty 50. Computed from 270 trading sessions, latest 2026-10-29. 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.

Then check the breadth. The graph measures price against the Nifty; breadth counts how many of the group's own stocks are in a Stage 2 uptrend. When the two point the same way the move is broad. A group whose momentum is rising while fewer of its stocks hold Stage 2 is marked price ahead: a handful of names is carrying it. One where more stocks are entering Stage 2 while momentum still falls is marked breadth ahead, and that is often how a turn starts.