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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.

LEADINGWEAKENINGLAGGINGIMPROVING95.397.7100102.4104.796.598.2100101.8103.5RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changePublishing — Leading (RS-Ratio 102.15, RS-Momentum 100.94)PublishingTelecom Services — Leading (RS-Ratio 101.02, RS-Momentum 101.13)Telecom ServicesTheatres — Leading (RS-Ratio 100.93, RS-Momentum 100.97)TheatresAdvertising — Leading (RS-Ratio 100.64, RS-Momentum 101.41)AdvertisingTelecom Infrastructure — Improving (RS-Ratio 99.49, RS-Momentum 101.89)Telecom InfrastructureRadio — Improving (RS-Ratio 98.79, RS-Momentum 101.37)RadioOnline Services — Weakening (RS-Ratio 102.47, RS-Momentum 97.41)Online ServicesMovies & TV Serials — Weakening (RS-Ratio 100.76, RS-Momentum 99.51)Movies & TV SerialsTelecom Equipments — Weakening (RS-Ratio 100.24, RS-Momentum 99.67)Telecom EquipmentsCable & D2H — Weakening (RS-Ratio 100.02, RS-Momentum 99.96)Cable & D2HTV Channels & Broadcasters — Lagging (RS-Ratio 99.38, RS-Momentum 99.33)TV Channels & Broadcasters
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
PublishingLeadingWWL102.15100.94+6.3%
Telecom ServicesLeadingWLI101.02101.13+1.9%
TheatresLeadingGWG100.93100.97+2.6%
AdvertisingLeadingLWI100.64101.41+1.5%
Telecom InfrastructureImprovingGLL99.49101.89-7.2%
RadioImprovingIWI98.79101.37-3%
Online ServicesWeakeningWWG102.4797.41+14.6%
Movies & TV SerialsWeakeningWWL100.7699.51+10.3%
Telecom EquipmentsWeakeningWWL100.2499.67+17.8%
Cable & D2HWeakeningLWL100.0299.96+2.7%
TV Channels & BroadcastersLaggingWGI99.3899.33+7.7%

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.