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.
Nothing selected — the graph is empty. Tick an industry above, or show all industries.
| Industry | Now | 1M | 2M | 3M | RS-Ratio | RS-Mom | 12w return |
|---|---|---|---|---|---|---|---|
| Investment Banking & Brokerage | Leading | I | L | L | 102.46 | 102.25 | +3% |
| Payment Infrastructure | Leading | W | L | I | 102.03 | 101.15 | +6.9% |
| Private Banks | Leading | I | W | L | 101.64 | 100.63 | -3.3% |
| Consumer Finance | Leading | L | W | L | 100.28 | 100.23 | +2.4% |
| Specialized Finance | Improving | G | G | I | 99.12 | 101.21 | -10.9% |
| Stock Exchanges & Ratings | Weakening | I | I | L | 101.91 | 97.99 | +0% |
| Diversified Financials | Weakening | L | W | L | 101.79 | 99.37 | +3% |
| Home Financing | Weakening | I | W | L | 101.75 | 99.72 | +0.5% |
| Asset Management | Weakening | I | G | G | 101.64 | 99.61 | -0.8% |
| Public Banks | Weakening | L | G | L | 100.33 | 99.49 | -3.4% |
| Insurance | Lagging | I | W | I | 99.99 | 99.09 | -2.4% |
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.