Skip to main content

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.

Showing the graph as it stood on 2026-07-29 — the positions traders were actually looking at then, not hindsight. Back to today →

ShowAllNone

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

LEADINGWEAKENINGLAGGINGIMPROVING96.598.3100101.7103.596.998.5100101.5103.1RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changeSpecialized Finance: Weakening (RS-Ratio 101.75, RS-Momentum 99.51). 33% of its stocks in Stage 2, breadth thinningSpecialized FinancePrivate Banks: Weakening (RS-Ratio 100.65, RS-Momentum 98.26). 78% of its stocks in Stage 2, breadth strongPrivate BanksPayment Infrastructure: Weakening (RS-Ratio 100.51, RS-Momentum 98.19). 20% of its stocks in Stage 2, breadth buildingPayment InfrastructureConsumer Finance: Weakening (RS-Ratio 100.3, RS-Momentum 99.65). 44% of its stocks in Stage 2, breadth strongConsumer FinanceInvestment Banking & Brokerage: Weakening (RS-Ratio 100.28, RS-Momentum 99.08). 23% of its stocks in Stage 2, breadth buildingInvestment Banking & BrokerageDiversified Financials: Lagging (RS-Ratio 99.48, RS-Momentum 98.08). 35% of its stocks in Stage 2, breadth thinningDiversified FinancialsAsset Management: Lagging (RS-Ratio 98.67, RS-Momentum 99.15). 35% of its stocks in Stage 2, breadth thinningAsset ManagementPublic Banks: Lagging (RS-Ratio 98.59, RS-Momentum 99.98). 8% of its stocks in Stage 2, breadth weakPublic BanksInsurance: Lagging (RS-Ratio 98.56, RS-Momentum 98.5). 29% of its stocks in Stage 2, breadth buildingInsuranceStock Exchanges & Ratings: Lagging (RS-Ratio 98.39, RS-Momentum 98.9). 14% of its stocks in Stage 2, breadth weakStock Exchanges & RatingsHome Financing: Lagging (RS-Ratio 97.99, RS-Momentum 97.81). 40% of its stocks in Stage 2, breadth thinningHome Financing
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. 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.

No industry is Leading on this graph. Show all

No industry is Improving on this graph. Show all

Showing the 5 Weakening industries: still ahead, losing momentum. Show all

Showing the 6 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-Mom8w returnStage 2 stocks
Specialized FinanceWeakeningThinning33%LLW101.7599.51+9.6%Screen →
Private BanksWeakeningStrong78%breadth aheadWLW100.6598.26+6.8%Screen →
Payment InfrastructureWeakeningBuilding20%breadth aheadLIL100.5198.19+13.8%Screen →
Consumer FinanceWeakeningStrong44%breadth aheadLLW100.3099.65+7.8%Screen →
Investment Banking & BrokerageWeakeningBuilding23%breadth aheadWLW100.2899.08+6.2%Screen →
Diversified FinancialsLaggingThinning35%WLW99.4898.08+4.6%Screen →
Asset ManagementLaggingThinning35%WLW98.6799.15+3.1%Screen →
Public BanksLaggingWeak8%WIG98.5999.98-2.6%Screen →
InsuranceLaggingBuilding29%breadth aheadLWG98.5698.50+2.3%Screen →
Stock Exchanges & RatingsLaggingWeak14%GWW98.3998.90+0.4%Screen →
Home FinancingLaggingThinning40%LLW97.9997.81+2.8%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.