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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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LEADINGWEAKENINGLAGGINGIMPROVING95.397.7100102.3104.796.398.1100101.9103.7RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeRadio — Leading (RS-Ratio 100.83, RS-Momentum 101.4)RadioCable & D2H — Improving (RS-Ratio 99.46, RS-Momentum 101.76)Cable & D2HTelecom Infrastructure — Improving (RS-Ratio 99.46, RS-Momentum 100.44)Telecom InfrastructureTV Channels & Broadcasters — Improving (RS-Ratio 99.42, RS-Momentum 100.02)TV Channels & BroadcastersTelecom Equipments — Weakening (RS-Ratio 102.62, RS-Momentum 99.92)Telecom EquipmentsOnline Services — Weakening (RS-Ratio 101.57, RS-Momentum 98.62)Online ServicesTheatres — Weakening (RS-Ratio 101.27, RS-Momentum 99.99)TheatresPublishing — Weakening (RS-Ratio 100.25, RS-Momentum 99.8)PublishingAdvertising — Weakening (RS-Ratio 100.18, RS-Momentum 98.5)AdvertisingMovies & TV Serials — Lagging (RS-Ratio 98.99, RS-Momentum 98.82)Movies & TV SerialsTelecom Services — Lagging (RS-Ratio 98.88, RS-Momentum 98.31)Telecom Services
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. 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-Mom12w return
RadioLeadingLGG100.83101.40+1.2%
Cable & D2HImprovingIWI99.46101.76+0.3%
Telecom InfrastructureImprovingGGW99.46100.44-8.1%
TV Channels & BroadcastersImprovingLWI99.42100.02-4.7%
Telecom EquipmentsWeakeningGWL102.6299.92+24.4%
Online ServicesWeakeningWLL101.5798.62+31.4%
TheatresWeakeningLIW101.2799.99+29.2%
PublishingWeakeningWLL100.2599.80+16%
AdvertisingWeakeningWGW100.1898.50+9.6%
Movies & TV SerialsLaggingWLL98.9998.82+6.2%
Telecom ServicesLaggingWLW98.8898.31+4.8%

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.