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 | 6w return |
|---|---|---|---|---|---|---|---|
| Theatres | Leading | W | I | I | 101.21 | 100.19 | +8.5% |
| Cable & D2H | Leading | I | G | L | 100.03 | 101.18 | -1.5% |
| Radio | Improving | W | I | L | 99.76 | 100.19 | -5.1% |
| Movies & TV Serials | Improving | W | W | L | 99.66 | 100.52 | -2.5% |
| Telecom Infrastructure | Improving | G | I | W | 99.64 | 100.41 | -3.7% |
| Telecom Equipments | Weakening | L | W | L | 102.04 | 99.42 | +19.9% |
| Online Services | Weakening | L | L | I | 101.31 | 97.63 | +7.2% |
| Advertising | Weakening | L | I | L | 100.22 | 99.50 | +0.7% |
| Publishing | Lagging | W | L | L | 99.89 | 99.03 | -1.8% |
| Telecom Services | Lagging | G | W | W | 98.91 | 99.24 | -4.1% |
| TV Channels & Broadcasters | Lagging | G | G | L | 98.90 | 99.42 | -10.2% |
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.