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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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Nothing selected — the graph is empty. Tick an industry above, or show all industries.

LEADINGWEAKENINGLAGGINGIMPROVING95.997.9100102.1104.19698100102104RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeSugar — Leading (RS-Ratio 101.34, RS-Momentum 100.01)SugarFMCG - Foods — Leading (RS-Ratio 100.93, RS-Momentum 100.08)FMCG - FoodsPackaged Foods & Meats — Leading (RS-Ratio 100.8, RS-Momentum 100.45)Packaged Foods & MeatsSeeds — Improving (RS-Ratio 99.77, RS-Momentum 100.43)SeedsTea & Coffee — Improving (RS-Ratio 98.86, RS-Momentum 100.63)Tea & CoffeeFMCG - Household Products — Improving (RS-Ratio 98.64, RS-Momentum 100.05)FMCG - Household ProductsFMCG - Personal Products — Improving (RS-Ratio 97.86, RS-Momentum 100.48)FMCG - Personal ProductsAgro Products — Weakening (RS-Ratio 101.46, RS-Momentum 97.93)Agro ProductsPackaged Foods — Weakening (RS-Ratio 101.42, RS-Momentum 99.44)Packaged FoodsAlcoholic Beverages — Weakening (RS-Ratio 100.82, RS-Momentum 98.48)Alcoholic BeveragesSoft Drinks — Lagging (RS-Ratio 98.31, RS-Momentum 98)Soft DrinksFMCG - Tobacco — Lagging (RS-Ratio 97.17, RS-Momentum 99.14)FMCG - Tobacco
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
SugarLeadingGII101.34100.01+9.3%
FMCG - FoodsLeadingLLL100.93100.08+1.5%
Packaged Foods & MeatsLeadingIIW100.80100.45-2.3%
SeedsImprovingIIG99.77100.43-6.3%
Tea & CoffeeImprovingGIW98.86100.63-5.1%
FMCG - Household ProductsImprovingIIG98.64100.05-6.2%
FMCG - Personal ProductsImprovingWLW97.86100.48-6.8%
Agro ProductsWeakeningIIW101.4697.93+6.2%
Packaged FoodsWeakeningLIG101.4299.44+10.2%
Alcoholic BeveragesWeakeningLLW100.8298.48+8.3%
Soft DrinksLaggingIGL98.3198.00-13.4%
FMCG - TobaccoLaggingIIG97.1799.14-10.4%

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.