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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 2026-10-14 — 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.

LEADINGWEAKENINGLAGGINGIMPROVING95.797.9100102.1104.395.998100102104.1RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeSpecialized Finance: Leading (RS-Ratio 101.79, RS-Momentum 103.08). 28% of its stocks in Stage 2, breadth thinningSpecialized FinanceInvestment Banking & Brokerage: Leading (RS-Ratio 101.6, RS-Momentum 100.48). 20% of its stocks in Stage 2, breadth weakInvestment Banking & BrokeragePrivate Banks: Leading (RS-Ratio 101.56, RS-Momentum 100.74). 33% of its stocks in Stage 2, breadth thinningPrivate BanksPublic Banks: Leading (RS-Ratio 101.43, RS-Momentum 103.06). 25% of its stocks in Stage 2, breadth strongPublic BanksDiversified Financials: Leading (RS-Ratio 101.29, RS-Momentum 100.48). 28% of its stocks in Stage 2, breadth thinningDiversified FinancialsStock Exchanges & Ratings: Leading (RS-Ratio 101.28, RS-Momentum 100.73). 43% of its stocks in Stage 2, breadth thinningStock Exchanges & RatingsInsurance: Leading (RS-Ratio 100.2, RS-Momentum 101.02). 13% of its stocks in Stage 2, breadth weakInsurancePayment Infrastructure: Improving (RS-Ratio 98.57, RS-Momentum 101.35). 20% of its stocks in Stage 2, breadth weakPayment InfrastructureConsumer Finance: Improving (RS-Ratio 98.24, RS-Momentum 101.16). 9% of its stocks in Stage 2, breadth weakConsumer FinanceHome Financing: Lagging (RS-Ratio 99.64, RS-Momentum 99.72). 18% of its stocks in Stage 2, breadth weakHome FinancingAsset Management: Lagging (RS-Ratio 98.94, RS-Momentum 99.67). 24% of its stocks in Stage 2, breadth thinningAsset Management
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 7 Leading industries: ahead of the Nifty and still gaining. Show all

Showing the 2 Improving industries: behind, but turning up. Show all

No industry is Weakening on this graph. Show all

Showing the 2 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
Specialized FinanceLeadingThinning28%price aheadLWW101.79103.08-5.2%Screen →
Investment Banking & BrokerageLeadingWeak20%price aheadLIL101.60100.48-1.6%Screen →
Private BanksLeadingThinning33%price aheadWLL101.56100.74-1.3%Screen →
Public BanksLeadingStrong25%WLG101.43103.06-5.3%Screen →
Diversified FinancialsLeadingThinning28%price aheadWIW101.29100.48-2.1%Screen →
Stock Exchanges & RatingsLeadingThinning43%price aheadWLI101.28100.73+0.1%Screen →
InsuranceLeadingWeak13%price aheadGIL100.20101.02-6.8%Screen →
Payment InfrastructureImprovingWeak20%price aheadLLW98.57101.35-11%Screen →
Consumer FinanceImprovingWeak9%price aheadILW98.24101.16-11.3%Screen →
Home FinancingLaggingWeak18%LIW99.6499.72-4.2%Screen →
Asset ManagementLaggingThinning24%LLL98.9499.67-6.7%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.