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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 2026-07-15 — 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.

LEADINGWEAKENINGLAGGINGIMPROVING96.898.4100101.6103.296.298.1100101.9103.8RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeSugar — Leading (RS-Ratio 102.27, RS-Momentum 100.71)SugarPackaged Foods — Improving (RS-Ratio 99.74, RS-Momentum 101.44)Packaged FoodsTea & Coffee — Improving (RS-Ratio 98.74, RS-Momentum 100.64)Tea & CoffeeAgro Products — Improving (RS-Ratio 98.63, RS-Momentum 100.37)Agro ProductsAlcoholic Beverages — Weakening (RS-Ratio 101.23, RS-Momentum 98.53)Alcoholic BeveragesFMCG - Personal Products — Weakening (RS-Ratio 100.94, RS-Momentum 99.25)FMCG - Personal ProductsFMCG - Foods — Lagging (RS-Ratio 99.63, RS-Momentum 99.61)FMCG - FoodsFMCG - Tobacco — Lagging (RS-Ratio 98.25, RS-Momentum 98.53)FMCG - TobaccoSeeds — Lagging (RS-Ratio 98.18, RS-Momentum 99.17)SeedsFMCG - Household Products — Lagging (RS-Ratio 97.86, RS-Momentum 97.54)FMCG - Household ProductsSoft Drinks — Lagging (RS-Ratio 97.85, RS-Momentum 99.92)Soft DrinksPackaged Foods & Meats — Lagging (RS-Ratio 97.75, RS-Momentum 99.26)Packaged Foods & Meats
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
SugarLeadingIWW102.27100.71+6.3%
Packaged FoodsImprovingIWL99.74101.44-4.6%
Tea & CoffeeImprovingGWW98.74100.64-5.2%
Agro ProductsImprovingGLL98.63100.37-4.5%
Alcoholic BeveragesWeakeningLWW101.2398.53+8.5%
FMCG - Personal ProductsWeakeningIWI100.9499.25+3.6%
FMCG - FoodsLaggingGWW99.6399.61+1.1%
FMCG - TobaccoLaggingIWG98.2598.53-9%
SeedsLaggingIWL98.1899.17-8.3%
FMCG - Household ProductsLaggingIWW97.8697.54-4.1%
Soft DrinksLaggingLWL97.8599.92-12.5%
Packaged Foods & MeatsLaggingGWW97.7599.26-11.3%

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.