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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.

Showing the graph as it stood on 2026-08-27 — the positions traders were actually looking at then, not hindsight. Back to today →

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LEADINGWEAKENINGLAGGINGIMPROVING95.397.7100102.3104.795.397.7100102.4104.7RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeCommodities Trading: Leading (RS-Ratio 103.38, RS-Momentum 101.89). 21% of its stocks in Stage 2, breadth weakCommodities TradingBuilding Products - Pipes: Leading (RS-Ratio 103.26, RS-Momentum 101.14). 30% of its stocks in Stage 2, breadth weakBuilding Products - PipesHeavy Electrical Equipments: Leading (RS-Ratio 102.59, RS-Momentum 101.88). 39% of its stocks in Stage 2, breadth thinningHeavy Electrical EquipmentsIndustrial Machinery: Leading (RS-Ratio 102.14, RS-Momentum 100.21). 42% of its stocks in Stage 2, breadth thinningIndustrial MachineryEmployment Services: Leading (RS-Ratio 102.13, RS-Momentum 101.27). 33% of its stocks in Stage 2, breadth thinningEmployment ServicesHeavy Machinery: Leading (RS-Ratio 102, RS-Momentum 102.05). 14% of its stocks in Stage 2, breadth weakHeavy MachineryShipbuilding: Leading (RS-Ratio 101.79, RS-Momentum 100.03). 33% of its stocks in Stage 2, breadth thinningShipbuildingPorts: Leading (RS-Ratio 101.44, RS-Momentum 100.89). 33% of its stocks in Stage 2, breadth thinningPortsDredging: Leading (RS-Ratio 100.97, RS-Momentum 100.28). 0% of its stocks in Stage 2, breadth weakDredgingRoads: Leading (RS-Ratio 100.73, RS-Momentum 101.45). 14% of its stocks in Stage 2, breadth weakRoadsBusiness Support Services: Leading (RS-Ratio 100.64, RS-Momentum 100.09). 45% of its stocks in Stage 2, breadth thinningBusiness Support ServicesConglomerates: Leading (RS-Ratio 100.31, RS-Momentum 100.47). 6% of its stocks in Stage 2, breadth weakConglomeratesAgricultural & Farm Machinery: Improving (RS-Ratio 99.95, RS-Momentum 101.99). 0% of its stocks in Stage 2, breadth weakAgricultural & Farm MachineryAirlines: Improving (RS-Ratio 99.77, RS-Momentum 100.85). 50% of its stocks in Stage 2, breadth strongAirlinesStationery: Improving (RS-Ratio 99.19, RS-Momentum 100.5). 0% of its stocks in Stage 2, breadth weakStationeryBuilding Products - Prefab Structures: Improving (RS-Ratio 98.94, RS-Momentum 101.97). 40% of its stocks in Stage 2, breadth strongBuilding Products - Prefab StructuresEnvironmental Services: Improving (RS-Ratio 98.93, RS-Momentum 101.63). 20% of its stocks in Stage 2, breadth weakEnvironmental ServicesBuilding Products - Granite: Improving (RS-Ratio 98.61, RS-Momentum 100.22). 0% of its stocks in Stage 2, breadth weakBuilding Products - GraniteLogistics: Weakening (RS-Ratio 102.08, RS-Momentum 99.88). 37% of its stocks in Stage 2, breadth thinningLogisticsElectrical Components & Equipments: Weakening (RS-Ratio 101.93, RS-Momentum 99.01). 44% of its stocks in Stage 2, breadth thinningElectrical Components & EquipmentsAerospace & Defense Equipments: Weakening (RS-Ratio 101.51, RS-Momentum 98.52). 42% of its stocks in Stage 2, breadth thinningAerospace & Defense EquipmentsTrucks & Buses: Weakening (RS-Ratio 101.32, RS-Momentum 99.53). 50% of its stocks in Stage 2, breadth strongTrucks & BusesBuilding Products - Others: Weakening (RS-Ratio 101.25, RS-Momentum 98.35). 29% of its stocks in Stage 2, breadth weakBuilding Products - OthersCables: Weakening (RS-Ratio 101.25, RS-Momentum 98.69). 64% of its stocks in Stage 2, breadth thinningCablesRail: Weakening (RS-Ratio 101.08, RS-Momentum 98.34). 50% of its stocks in Stage 2, breadth strongRailBuilding Products - Ceramics: Weakening (RS-Ratio 100.18, RS-Momentum 99.24). 50% of its stocks in Stage 2, breadth thinningBuilding Products - CeramicsConstruction & Engineering: Lagging (RS-Ratio 99.47, RS-Momentum 98.97). 26% of its stocks in Stage 2, breadth weakConstruction & EngineeringRenewable Energy Equipment & Services: Lagging (RS-Ratio 99.21, RS-Momentum 99.89). 14% of its stocks in Stage 2, breadth weakRenewable Energy Equipment & ServicesBuilding Products - Glass: Lagging (RS-Ratio 98.79, RS-Momentum 99.17). 0% of its stocks in Stage 2, breadth weakBuilding Products - GlassAirports: Lagging (RS-Ratio 98.67, RS-Momentum 98.58). 33% of its stocks in Stage 2, breadth thinningAirportsBuilding Products - Laminates: Lagging (RS-Ratio 97.57, RS-Momentum 99.16). 50% of its stocks in Stage 2, breadth thinningBuilding Products - LaminatesTractors: Lagging (RS-Ratio 97.48, RS-Momentum 96.45). 0% of its stocks in Stage 2, breadth weakTractorsBatteries: Lagging (RS-Ratio 97.46, RS-Momentum 98.12). 60% of its stocks in Stage 2, breadth strongBatteries
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.

Showing the 12 Leading industries: ahead of the Nifty and still gaining. Show all

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

Showing the 8 Weakening industries: still ahead, losing momentum. Show all

Showing the 7 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
Commodities TradingLeadingWeak21%price aheadIWL103.38101.89+6.7%Screen →
Building Products - PipesLeadingWeak30%price aheadIGL103.26101.14+7.3%Screen →
Heavy Electrical EquipmentsLeadingThinning39%price aheadGLL102.59101.88+4%Screen →
Industrial MachineryLeadingThinning42%price aheadGLL102.14100.21+3.8%Screen →
Employment ServicesLeadingThinning33%price aheadWLW102.13101.27+2.4%Screen →
Heavy MachineryLeadingWeak14%price aheadLLG102.00102.05+5.3%Screen →
ShipbuildingLeadingThinning33%price aheadWLL101.79100.03+10.6%Screen →
PortsLeadingThinning33%price aheadGLL101.44100.89+2.8%Screen →
DredgingLeadingWeak0%price aheadLLL100.97100.28+5.6%Screen →
RoadsLeadingWeak14%price aheadIGW100.73101.45-1.7%Screen →
Business Support ServicesLeadingThinning45%price aheadLWL100.64100.09+0.7%Screen →
ConglomeratesLeadingWeak6%price aheadGIL100.31100.47-0.8%Screen →
Agricultural & Farm MachineryImprovingWeak0%price aheadGLG99.95101.99-4.6%Screen →
AirlinesImprovingStrong50%LLI99.77100.85-0.7%Screen →
StationeryImprovingWeak0%price aheadIGL99.19100.50-6.4%Screen →
Building Products - Prefab StructuresImprovingStrong40%WWL98.94101.97-8.3%Screen →
Environmental ServicesImprovingWeak20%price aheadGLG98.93101.63-12.7%Screen →
Building Products - GraniteImprovingWeak0%price aheadIIW98.61100.22-7.2%Screen →
LogisticsWeakeningThinning37%GWL102.0899.88+3.7%Screen →
Electrical Components & EquipmentsWeakeningThinning44%WLL101.9399.01+6.4%Screen →
Aerospace & Defense EquipmentsWeakeningThinning42%GWL101.5198.52+8.1%Screen →
Trucks & BusesWeakeningStrong50%breadth aheadLWI101.3299.53+17.9%Screen →
Building Products - OthersWeakeningWeak29%LIW101.2598.35+17%Screen →
CablesWeakeningThinning64%ILL101.2598.69+8.5%Screen →
RailWeakeningStrong50%breadth aheadLGW101.0898.34+4.8%Screen →
Building Products - CeramicsWeakeningThinning50%IIW100.1899.24-3.4%Screen →
Construction & EngineeringLaggingWeak26%ILL99.4798.97-2.1%Screen →
Renewable Energy Equipment & ServicesLaggingWeak14%GWL99.2199.89-6.6%Screen →
Building Products - GlassLaggingWeak0%IIL98.7999.17-29.1%Screen →
AirportsLaggingThinning33%IGL98.6798.58-4.8%Screen →
Building Products - LaminatesLaggingThinning50%LWW97.5799.16-5.6%Screen →
TractorsLaggingWeak0%GII97.4896.45-3.6%Screen →
BatteriesLaggingStrong60%breadth aheadGWL97.4698.12-3.4%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.