Sector rotation

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.

ViewSectorsIndustries·Communication ServicesConsumer DiscretionaryConsumer StaplesEnergyFinancialsHealth CareIndustrialsInformation TechnologyMaterialsReal EstateUtilities
As ofNow1W ago2W ago1M ago2M ago3M ago
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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.

LEADINGWEAKENINGLAGGINGIMPROVING94.797.4100102.6105.395.697.8100102.2104.4RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeMovies & TV Serials: Leading (RS-Ratio 102.9, RS-Momentum 100.1). 17% of its stocks in Stage 2, breadth thinningMovies & TV SerialsCable & D2H: Leading (RS-Ratio 102.4, RS-Momentum 102.16). 0% of its stocks in Stage 2, breadth weakCable & D2HTheatres: Leading (RS-Ratio 102.03, RS-Momentum 101.17). 100% of its stocks in Stage 2, breadth thinningTheatresTelecom Services: Leading (RS-Ratio 100.33, RS-Momentum 100.55). 13% of its stocks in Stage 2, breadth thinningTelecom ServicesTV Channels & Broadcasters: Weakening (RS-Ratio 102.03, RS-Momentum 98.37). 0% of its stocks in Stage 2, breadth weakTV Channels & BroadcastersTelecom Equipments: Weakening (RS-Ratio 101.17, RS-Momentum 99.93). 56% of its stocks in Stage 2, breadth strongTelecom EquipmentsTelecom Infrastructure: Weakening (RS-Ratio 101.02, RS-Momentum 99.7). 0% of its stocks in Stage 2, breadth weakTelecom InfrastructurePublishing: Lagging (RS-Ratio 99.45, RS-Momentum 99.86). 25% of its stocks in Stage 2, breadth thinningPublishingOnline Services: Lagging (RS-Ratio 99.36, RS-Momentum 99.91). 32% of its stocks in Stage 2, breadth thinningOnline ServicesAdvertising: Lagging (RS-Ratio 98.63, RS-Momentum 99.79). 10% of its stocks in Stage 2, breadth buildingAdvertisingRadio: Lagging (RS-Ratio 98.27, RS-Momentum 99.87). 0% of its stocks in Stage 2, breadth weakRadio
Each dot is an industry; the trail behind it is the last 12 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 4 Leading industries: ahead of the Nifty and still gaining. Show all

No industry is Improving on this graph. Show all

Showing the 3 Weakening industries: still ahead, losing momentum. Show all

Showing the 4 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-Mom12w returnStage 2 stocks
Movies & TV SerialsLeadingThinning17%price aheadLLI102.90100.10+6.8%Screen →
Cable & D2HLeadingWeak0%price aheadLII102.40102.16-3.5%Screen →
TheatresLeadingThinning100%price aheadLWL102.03101.17+23%Screen →
Telecom ServicesLeadingThinning13%price aheadIII100.33100.55-8.5%Screen →
TV Channels & BroadcastersWeakeningWeak0%GIG102.0398.37+9.8%Screen →
Telecom EquipmentsWeakeningStrong56%breadth aheadWLG101.1799.93+27.3%Screen →
Telecom InfrastructureWeakeningWeak0%LII101.0299.70-0.9%Screen →
PublishingLaggingThinning25%IWL99.4599.86-9.3%Screen →
Online ServicesLaggingThinning32%LLW99.3699.91-1.6%Screen →
AdvertisingLaggingBuilding10%breadth aheadIII98.6399.79-17%Screen →
RadioLaggingWeak0%WGI98.2799.87-11.7%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.