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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.

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

LEADINGWEAKENINGLAGGINGIMPROVING96.298.1100101.9103.897.198.5100101.5102.9RS-Ratio → relative strength vs Nifty 50 (100 = benchmark)RS-Momentum → rate of changePackaged Foods — Leading (RS-Ratio 102.24, RS-Momentum 101.61)Packaged FoodsSoft Drinks — Improving (RS-Ratio 99.81, RS-Momentum 102.35)Soft DrinksFMCG - Personal Products — Improving (RS-Ratio 98.93, RS-Momentum 101.78)FMCG - Personal ProductsFMCG - Tobacco — Improving (RS-Ratio 98.51, RS-Momentum 101.92)FMCG - TobaccoPackaged Foods & Meats — Weakening (RS-Ratio 101.85, RS-Momentum 99.47)Packaged Foods & MeatsAgro Products — Weakening (RS-Ratio 101.4, RS-Momentum 99.55)Agro ProductsSugar — Weakening (RS-Ratio 100.52, RS-Momentum 99.31)SugarAlcoholic Beverages — Lagging (RS-Ratio 99.43, RS-Momentum 99.06)Alcoholic BeveragesFMCG - Foods — Lagging (RS-Ratio 99.22, RS-Momentum 98.87)FMCG - FoodsSeeds — Lagging (RS-Ratio 99.22, RS-Momentum 98.4)SeedsFMCG - Household Products — Lagging (RS-Ratio 98.88, RS-Momentum 99.96)FMCG - Household ProductsTea & Coffee — Lagging (RS-Ratio 98.67, RS-Momentum 98.81)Tea & Coffee
Each dot is an industry; the trail behind it is the last 4 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-Mom4w return
Packaged FoodsLeadingWII102.24101.61+6.5%
Soft DrinksImprovingGGL99.81102.35-3.2%
FMCG - Personal ProductsImprovingGWI98.93101.78-5.3%
FMCG - TobaccoImprovingGGI98.51101.92-12.9%
Packaged Foods & MeatsWeakeningIGG101.8599.47+0.3%
Agro ProductsWeakeningLIG101.4099.55+0.2%
SugarWeakeningLLI100.5299.31-9.1%
Alcoholic BeveragesLaggingWWL99.4399.06-7.2%
FMCG - FoodsLaggingWGG99.2298.87-4%
SeedsLaggingIGI99.2298.40-3.5%
FMCG - Household ProductsLaggingIGI98.8899.96-4.4%
Tea & CoffeeLaggingIIG98.6798.81-4%

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.