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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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Nothing selected — the graph is empty. Tick an industry above, or show all industries.

LEADINGWEAKENINGLAGGINGIMPROVING95.797.9100102.1104.396.798.4100101.7103.3RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeSoft Drinks — Leading (RS-Ratio 101.14, RS-Momentum 100.2)Soft DrinksAlcoholic Beverages — Leading (RS-Ratio 100.13, RS-Momentum 100.63)Alcoholic BeveragesFMCG - Personal Products — Improving (RS-Ratio 99.63, RS-Momentum 100.32)FMCG - Personal ProductsSugar — Improving (RS-Ratio 99.39, RS-Momentum 101.24)SugarFMCG - Household Products — Improving (RS-Ratio 98.75, RS-Momentum 101.61)FMCG - Household ProductsFMCG - Tobacco — Improving (RS-Ratio 98.73, RS-Momentum 101.18)FMCG - TobaccoSeeds — Improving (RS-Ratio 98.6, RS-Momentum 101.07)SeedsPackaged Foods — Improving (RS-Ratio 98.2, RS-Momentum 102.59)Packaged FoodsFMCG - Foods — Lagging (RS-Ratio 98.97, RS-Momentum 98.93)FMCG - FoodsTea & Coffee — Lagging (RS-Ratio 98.74, RS-Momentum 99.49)Tea & CoffeeAgro Products — Lagging (RS-Ratio 98.56, RS-Momentum 97.86)Agro ProductsPackaged Foods & Meats — Lagging (RS-Ratio 97.63, RS-Momentum 98.62)Packaged Foods & Meats
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
Soft DrinksLeadingWLI101.14100.20+11.7%
Alcoholic BeveragesLeadingWWI100.13100.63-2.3%
FMCG - Personal ProductsImprovingWIL99.63100.32-2.2%
SugarImprovingWWL99.39101.24-6.9%
FMCG - Household ProductsImprovingWWG98.75101.61-9%
FMCG - TobaccoImprovingWGL98.73101.18-4.8%
SeedsImprovingWLI98.60101.07-6.8%
Packaged FoodsImprovingWLW98.20102.59-8.8%
FMCG - FoodsLaggingWWI98.9798.93-3%
Tea & CoffeeLaggingWWL98.7499.49-4.5%
Agro ProductsLaggingLLG98.5697.86-3%
Packaged Foods & MeatsLaggingWWW97.6398.62-6%

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.