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 →
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 |
|---|---|---|---|---|---|---|---|
| Wood Products | Leading | I | W | L | 102.71 | 101.64 | +5.3% |
| Metals - Lead | Leading | L | W | L | 102.33 | 101.79 | +11% |
| Diversified Chemicals | Leading | L | W | W | 102.15 | 102.48 | +3.4% |
| Specialty Chemicals | Leading | L | W | L | 102.05 | 100.35 | +10.1% |
| Commodity Chemicals | Leading | W | W | L | 101.82 | 101.58 | +4.5% |
| Cement | Leading | L | W | L | 101.74 | 101.55 | +0.7% |
| Packaging | Leading | L | W | L | 101.69 | 100.49 | +14.4% |
| Plastic Products | Leading | G | G | L | 100.91 | 101.85 | +1.6% |
| Paper Products | Leading | G | W | L | 100.23 | 101.16 | -2.1% |
| Iron & Steel | Improving | G | W | L | 99.05 | 101.69 | -3.3% |
| Metals - Aluminium | Improving | G | L | L | 99.05 | 101.09 | -12.2% |
| Mining - Iron Ore | Improving | G | L | L | 99.02 | 101.38 | -5.9% |
| Mining - Diversified | Improving | G | W | L | 98.93 | 100.98 | -15.9% |
| Mining - Copper | Improving | G | L | L | 98.89 | 100.81 | -10% |
| Fertilizers & Agro Chemicals | Improving | L | W | L | 98.68 | 100.35 | -1.5% |
| Mining - Manganese | Improving | I | W | W | 98.63 | 101.61 | -9.5% |
| Metals - Copper | Improving | I | W | I | 98.52 | 100.75 | -10.1% |
| Mining - Coal | Improving | W | L | G | 98.50 | 100.14 | -1.9% |
| Metals - Diversified | Improving | G | G | L | 98.48 | 101.52 | -15.5% |
| Paints | Lagging | W | L | L | 98.80 | 98.96 | +0% |
| Metals - Coke | Lagging | L | W | L | 97.96 | 99.75 | -5.7% |
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.