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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 2026-08-28 — the positions traders were actually looking at then, not hindsight. Back to today →

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LEADINGWEAKENINGLAGGINGIMPROVING95.297.6100102.4104.895.998100102104.1RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeTheme Parks & Gaming — Leading (RS-Ratio 102.55, RS-Momentum 100.18)Theme Parks & GamingRetail - Online — Leading (RS-Ratio 102.11, RS-Momentum 100.72)Retail - OnlineTextiles — Leading (RS-Ratio 101.53, RS-Momentum 101.1)TextilesPrecious Metals, Jewellery & Watches — Leading (RS-Ratio 101.46, RS-Momentum 101.26)Precious Metals, Jewellery & WatchesWellness Services — Leading (RS-Ratio 101.34, RS-Momentum 100.94)Wellness ServicesTwo Wheelers — Leading (RS-Ratio 101.17, RS-Momentum 100.77)Two WheelersAnimation — Leading (RS-Ratio 100.74, RS-Momentum 101.33)AnimationCycles — Improving (RS-Ratio 99.95, RS-Momentum 100.36)CyclesThree Wheelers — Improving (RS-Ratio 99.44, RS-Momentum 100.07)Three WheelersHome Furnishing — Improving (RS-Ratio 99.32, RS-Momentum 101.13)Home FurnishingHotels, Resorts & Cruise Lines — Improving (RS-Ratio 99.19, RS-Momentum 101.22)Hotels, Resorts & Cruise LinesEducation Services — Improving (RS-Ratio 98.95, RS-Momentum 101.8)Education ServicesApparel & Accessories — Improving (RS-Ratio 98.87, RS-Momentum 102.14)Apparel & AccessoriesFootwear — Improving (RS-Ratio 98.48, RS-Momentum 101.7)FootwearRetail - Speciality — Weakening (RS-Ratio 101.41, RS-Momentum 98.68)Retail - SpecialityHome Electronics & Appliances — Weakening (RS-Ratio 101.33, RS-Momentum 99.18)Home Electronics & AppliancesAuto Parts — Weakening (RS-Ratio 101.24, RS-Momentum 99)Auto PartsTour & Travel Services — Weakening (RS-Ratio 101.18, RS-Momentum 98.1)Tour & Travel ServicesRestaurants & Cafes — Weakening (RS-Ratio 101.01, RS-Momentum 98.99)Restaurants & CafesTires & Rubber — Weakening (RS-Ratio 100.64, RS-Momentum 99.34)Tires & RubberFour Wheelers — Weakening (RS-Ratio 100.12, RS-Momentum 99.29)Four WheelersRetail - Apparel — Lagging (RS-Ratio 98.85, RS-Momentum 99.42)Retail - ApparelRetail - Department Stores — Lagging (RS-Ratio 98.4, RS-Momentum 98.23)Retail - Department StoresHousewares — Lagging (RS-Ratio 97.87, RS-Momentum 98.9)Housewares
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
Theme Parks & GamingLeadingGWW102.55100.18+20.2%
Retail - OnlineLeadingGLW102.11100.72+6.6%
TextilesLeadingGWL101.53101.10+3.1%
Precious Metals, Jewellery & WatchesLeadingWWI101.46101.26+14.5%
Wellness ServicesLeadingLLW101.34100.94+1.8%
Two WheelersLeadingWIW101.17100.77+18.1%
AnimationLeadingWII100.74101.33+14.7%
CyclesImprovingIGL99.95100.36-4%
Three WheelersImprovingLLW99.44100.07-1.6%
Home FurnishingImprovingWWW99.32101.13-4.4%
Hotels, Resorts & Cruise LinesImprovingLWW99.19101.22-4.7%
Education ServicesImprovingGLW98.95101.80-11.7%
Apparel & AccessoriesImprovingGLL98.87102.14-3%
FootwearImprovingLLL98.48101.70-7.9%
Retail - SpecialityWeakeningWLL101.4198.68+15.8%
Home Electronics & AppliancesWeakeningWGL101.3399.18+3.5%
Auto PartsWeakeningWWL101.2499.00+10.9%
Tour & Travel ServicesWeakeningWWL101.1898.10+5.7%
Restaurants & CafesWeakeningLLW101.0198.99+19%
Tires & RubberWeakeningLWI100.6499.34+0.6%
Four WheelersWeakeningLLW100.1299.29+2.5%
Retail - ApparelLaggingIIL98.8599.42-1.8%
Retail - Department StoresLaggingILG98.4098.23-5.7%
HousewaresLaggingGWI97.8798.90-13.2%

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.