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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 2026-06-15 — the positions traders were actually looking at then, not hindsight. Back to today →

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LEADINGWEAKENINGLAGGINGIMPROVING95.797.9100102.1104.396.198.1100102103.9RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeTour & Travel Services — Leading (RS-Ratio 103.36, RS-Momentum 101.68)Tour & Travel ServicesHotels, Resorts & Cruise Lines — Leading (RS-Ratio 102.96, RS-Momentum 102.91)Hotels, Resorts & Cruise LinesFour Wheelers — Leading (RS-Ratio 102.41, RS-Momentum 101.51)Four WheelersHome Furnishing — Leading (RS-Ratio 102.05, RS-Momentum 100.37)Home FurnishingCycles — Leading (RS-Ratio 101.7, RS-Momentum 100.05)CyclesEducation Services — Leading (RS-Ratio 101.13, RS-Momentum 101.39)Education ServicesTheme Parks & Gaming — Leading (RS-Ratio 100.98, RS-Momentum 101.34)Theme Parks & GamingHousewares — Leading (RS-Ratio 100.91, RS-Momentum 101.66)HousewaresPrecious Metals, Jewellery & Watches — Leading (RS-Ratio 100.82, RS-Momentum 101.27)Precious Metals, Jewellery & WatchesTires & Rubber — Leading (RS-Ratio 100.63, RS-Momentum 101.68)Tires & RubberAnimation — Improving (RS-Ratio 99.11, RS-Momentum 100.92)AnimationRetail - Department Stores — Improving (RS-Ratio 98.75, RS-Momentum 100.26)Retail - Department StoresAuto Parts — Weakening (RS-Ratio 101.7, RS-Momentum 99.51)Auto PartsApparel & Accessories — Weakening (RS-Ratio 101.48, RS-Momentum 98.26)Apparel & AccessoriesTextiles — Weakening (RS-Ratio 101.33, RS-Momentum 99.48)TextilesWellness Services — Weakening (RS-Ratio 100.76, RS-Momentum 99.83)Wellness ServicesTwo Wheelers — Lagging (RS-Ratio 99.92, RS-Momentum 99.32)Two WheelersHome Electronics & Appliances — Lagging (RS-Ratio 99.62, RS-Momentum 99.13)Home Electronics & AppliancesFootwear — Lagging (RS-Ratio 99.61, RS-Momentum 97.89)FootwearRetail - Speciality — Lagging (RS-Ratio 99.58, RS-Momentum 98.38)Retail - SpecialityRestaurants & Cafes — Lagging (RS-Ratio 99.22, RS-Momentum 99.82)Restaurants & CafesRetail - Online — Lagging (RS-Ratio 98.97, RS-Momentum 99.49)Retail - OnlineThree Wheelers — Lagging (RS-Ratio 98.93, RS-Momentum 99.09)Three WheelersRetail - Apparel — Lagging (RS-Ratio 98.14, RS-Momentum 99.41)Retail - Apparel
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
Tour & Travel ServicesLeadingWLG103.36101.68+13%
Hotels, Resorts & Cruise LinesLeadingWLI102.96102.91+2.4%
Four WheelersLeadingLII102.41101.51+5.8%
Home FurnishingLeadingGLG102.05100.37+15%
CyclesLeadingWWL101.70100.05+4.5%
Education ServicesLeadingWLI101.13101.39+3.7%
Theme Parks & GamingLeadingWLI100.98101.34-0.1%
HousewaresLeadingWLI100.91101.66+2.1%
Precious Metals, Jewellery & WatchesLeadingGLG100.82101.27-2.1%
Tires & RubberLeadingGLI100.63101.68-3.4%
AnimationImprovingGWL99.11100.92-25.5%
Retail - Department StoresImprovingGII98.75100.26-8.4%
Auto PartsWeakeningWLW101.7099.51+7.9%
Apparel & AccessoriesWeakeningWLI101.4898.26+5.4%
TextilesWeakeningWLW101.3399.48+5.5%
Wellness ServicesWeakeningLIL100.7699.83+4.2%
Two WheelersLaggingLLL99.9299.32+3.3%
Home Electronics & AppliancesLaggingWLL99.6299.13-0.7%
FootwearLaggingWLI99.6197.89-2.5%
Retail - SpecialityLaggingGLG99.5898.38-5.6%
Restaurants & CafesLaggingWIG99.2299.82-2.9%
Retail - OnlineLaggingWLI98.9799.49-2.8%
Three WheelersLaggingWLW98.9399.09-1.8%
Retail - ApparelLaggingWWI98.1499.41-23.8%

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.