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.

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As ofNow1W ago2W ago1M ago2M ago3M ago
Trail4w6w8w12w

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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LEADINGWEAKENINGLAGGINGIMPROVING95.597.7100102.3104.59698100102104.1RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeInformation Technology: Leading (RS-Ratio 103.63, RS-Momentum 102.09). 23% of its stocks in Stage 2, breadth weakInfo TechConsumer Staples: Leading (RS-Ratio 102.35, RS-Momentum 103.24). 30% of its stocks in Stage 2, breadth thinningCons. StaplesFinancials: Leading (RS-Ratio 101.4, RS-Momentum 101.58). 22% of its stocks in Stage 2, breadth weakFinancialsCommunication Services: Leading (RS-Ratio 100.82, RS-Momentum 100.39). 21% of its stocks in Stage 2, breadth weakComm. ServicesIndustrials: Weakening (RS-Ratio 100.88, RS-Momentum 99.49). 26% of its stocks in Stage 2, breadth thinningIndustrialsUtilities: Weakening (RS-Ratio 100.7, RS-Momentum 99.77). 10% of its stocks in Stage 2, breadth weakUtilitiesReal Estate: Lagging (RS-Ratio 99.77, RS-Momentum 99.64). 17% of its stocks in Stage 2, breadth weakReal EstateMaterials: Lagging (RS-Ratio 99.62, RS-Momentum 98.81). 35% of its stocks in Stage 2, breadth thinningMaterialsHealth Care: Lagging (RS-Ratio 99.5, RS-Momentum 97.59). 42% of its stocks in Stage 2, breadth thinningHealth CareConsumer Discretionary: Lagging (RS-Ratio 99.27, RS-Momentum 98.91). 31% of its stocks in Stage 2, breadth thinningCons. DiscretionaryEnergy: Lagging (RS-Ratio 98.91, RS-Momentum 99.65). 55% of its stocks in Stage 2, breadth strongEnergy
Each dot is a sector; the trail behind it is the last 4 weeks, one point per week. Rotation normally runs clockwise: Improving → Leading → Weakening → Lagging. A bigger dot means more of the sector's stocks are in Stage 2. Use the chips above to isolate sectors; the axes stay fixed so positions remain comparable.

Showing the 4 Leading sectors: ahead of the Nifty and still gaining. Show all

No sector is Improving on this graph. Show all

Showing the 2 Weakening sectors: still ahead, losing momentum. Show all

Showing the 5 Lagging sectors: behind and still slipping. Show all

NSE sectors by RRG quadrant, with where each one sat 1, 2 and 3 months earlier, RS-Ratio and RS-Momentum
SectorNowBreadth1M2M3MRS-RatioRS-Mom4w returnStage 2 stocks
Information TechnologyLeadingWeak23%price aheadGLL103.63102.09+4.8%Screen →
Consumer StaplesLeadingThinning30%price aheadWLI102.35103.24+0%Screen →
FinancialsLeadingWeak22%price aheadLIW101.40101.58-2.4%Screen →
Communication ServicesLeadingWeak21%price aheadLLI100.82100.39-3.2%Screen →
IndustrialsWeakeningThinning26%WLW100.8899.49-2.6%Screen →
UtilitiesWeakeningWeak10%LII100.7099.77-3.1%Screen →
Real EstateLaggingWeak17%GIL99.7799.64-3.6%Screen →
MaterialsLaggingThinning35%WLL99.6298.81-3.9%Screen →
Health CareLaggingThinning42%WLL99.5097.59-6.3%Screen →
Consumer DiscretionaryLaggingThinning31%LLW99.2798.91-4.4%Screen →
EnergyLaggingStrong55%breadth aheadLLL98.9199.65-4.6%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 sector is in Stage 2 (the percentage, and the size of its dot on the graph) compared with the other sectors 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.

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.