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 →
Nothing selected — the graph is empty. Tick an industry above, or show all industries.
| Industry | Now | 1M | 2M | 3M | RS-Ratio | RS-Mom | 8w return |
|---|---|---|---|---|---|---|---|
| Private Banks | Leading | I | L | L | 102.54 | 101.58 | +2.1% |
| Investment Banking & Brokerage | Leading | W | L | G | 102.50 | 102.91 | +1.8% |
| Diversified Financials | Leading | W | L | G | 102.13 | 103.39 | +9.1% |
| Consumer Finance | Leading | W | L | G | 101.65 | 103.31 | +0.7% |
| Home Financing | Leading | W | W | I | 101.10 | 100.96 | +5.7% |
| Stock Exchanges & Ratings | Leading | L | L | L | 100.36 | 100.74 | +9.7% |
| Public Banks | Leading | G | I | W | 100.26 | 100.31 | -4.7% |
| Specialized Finance | Improving | W | W | I | 99.18 | 101.74 | -6.4% |
| Payment Infrastructure | Improving | I | I | I | 98.79 | 100.06 | -9.5% |
| Insurance | Improving | L | L | G | 98.40 | 101.46 | -12% |
| Asset Management | Lagging | W | L | W | 99.29 | 99.40 | -2.3% |
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.