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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 2026-09-04 — 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.

LEADINGWEAKENINGLAGGINGIMPROVING95.997.9100102.1104.19698100102104RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeFMCG - Household Products — Improving (RS-Ratio 98.76, RS-Momentum 100.44)FMCG - Household ProductsTea & Coffee — Improving (RS-Ratio 98.4, RS-Momentum 100.7)Tea & CoffeeFMCG - Personal Products — Improving (RS-Ratio 98.23, RS-Momentum 101.6)FMCG - Personal ProductsFMCG - Tobacco — Improving (RS-Ratio 97.75, RS-Momentum 101.43)FMCG - TobaccoPackaged Foods & Meats — Weakening (RS-Ratio 101.22, RS-Momentum 99.89)Packaged Foods & MeatsAgro Products — Weakening (RS-Ratio 101.18, RS-Momentum 99.19)Agro ProductsPackaged Foods — Weakening (RS-Ratio 101.12, RS-Momentum 99.75)Packaged FoodsSugar — Weakening (RS-Ratio 100.97, RS-Momentum 98.2)SugarAlcoholic Beverages — Weakening (RS-Ratio 100.22, RS-Momentum 98.75)Alcoholic BeveragesSeeds — Lagging (RS-Ratio 99.2, RS-Momentum 99.35)SeedsFMCG - Foods — Lagging (RS-Ratio 99.09, RS-Momentum 98.31)FMCG - FoodsSoft Drinks — Lagging (RS-Ratio 98.58, RS-Momentum 99.31)Soft Drinks
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
FMCG - Household ProductsImprovingGGI98.76100.44-7.7%
Tea & CoffeeImprovingGIW98.40100.70-6%
FMCG - Personal ProductsImprovingGLL98.23101.60-6.6%
FMCG - TobaccoImprovingGGG97.75101.43-14.4%
Packaged Foods & MeatsWeakeningIIG101.2299.89+3.2%
Agro ProductsWeakeningIIW101.1899.19+7.6%
Packaged FoodsWeakeningLII101.1299.75+10.9%
SugarWeakeningLLI100.9798.20+5.7%
Alcoholic BeveragesWeakeningLWL100.2298.75+6%
SeedsLaggingIGG99.2099.35-8.4%
FMCG - FoodsLaggingWLL99.0998.31-0.2%
Soft DrinksLaggingIIW98.5899.31-12%

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.