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 an industry above, or show all industries.
| Industry | Now | 1M | 2M | 3M | RS-Ratio | RS-Mom | 8w return |
|---|---|---|---|---|---|---|---|
| Industrial Machinery | Leading | I | W | L | 101.89 | 101.38 | +2.1% |
| Building Products - Ceramics | Leading | G | W | L | 101.31 | 101.44 | -0.6% |
| Agricultural & Farm Machinery | Leading | I | G | G | 101.11 | 101.27 | -1.6% |
| Construction & Engineering | Leading | I | G | L | 100.86 | 100.29 | +0.1% |
| Environmental Services | Leading | G | W | G | 100.30 | 101.51 | -7.2% |
| Roads | Leading | I | G | W | 100.17 | 100.15 | +1.5% |
| Airports | Improving | I | W | L | 99.90 | 100.42 | +0.4% |
| Building Products - Prefab Structures | Improving | G | W | I | 99.32 | 100.89 | -7.8% |
| Building Products - Granite | Improving | I | W | W | 98.94 | 101.43 | -18.3% |
| Building Products - Laminates | Improving | L | W | W | 98.79 | 101.45 | -4.8% |
| Stationery | Improving | W | W | G | 98.55 | 101.55 | -4.9% |
| Airlines | Improving | L | W | W | 97.89 | 100.62 | -5.2% |
| Building Products - Pipes | Weakening | G | G | L | 101.91 | 98.58 | +15.1% |
| Rail | Weakening | L | G | L | 101.78 | 99.70 | +8.9% |
| Business Support Services | Weakening | L | W | L | 101.67 | 99.87 | +8.5% |
| Building Products - Others | Weakening | W | L | W | 101.46 | 99.27 | +23.3% |
| Heavy Machinery | Weakening | L | W | G | 101.26 | 99.19 | +21.7% |
| Employment Services | Weakening | W | L | L | 101.19 | 98.26 | +8.9% |
| Shipbuilding | Weakening | L | G | I | 100.92 | 99.21 | +6.1% |
| Aerospace & Defense Equipments | Weakening | L | W | L | 100.89 | 99.52 | +8.8% |
| Electrical Components & Equipments | Weakening | L | G | L | 100.57 | 99.17 | +8.3% |
| Trucks & Buses | Weakening | L | W | I | 100.47 | 99.30 | +6.9% |
| Dredging | Weakening | I | G | W | 100.44 | 99.45 | +8.4% |
| Conglomerates | Weakening | L | G | W | 100.43 | 99.48 | +4% |
| Heavy Electrical Equipments | Weakening | I | G | W | 100.31 | 99.58 | -0.8% |
| Ports | Weakening | I | G | L | 100.22 | 99.73 | -5.9% |
| Logistics | Weakening | L | W | L | 100.16 | 99.70 | +0.2% |
| Renewable Energy Equipment & Services | Lagging | I | G | L | 99.59 | 99.07 | -6% |
| Cables | Lagging | L | G | L | 99.53 | 98.99 | +4.7% |
| Commodities Trading | Lagging | I | L | L | 99.40 | 99.83 | -6.4% |
| Tractors | Lagging | L | W | I | 99.32 | 98.95 | -0.2% |
| Building Products - Glass | Lagging | I | I | W | 99.03 | 99.87 | -25.1% |
| Batteries | Lagging | L | L | L | 98.79 | 99.55 | -3.5% |
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.