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 | 8w return |
|---|---|---|---|---|---|---|---|
| Paper Products | Leading | W | L | G | 102.58 | 101.23 | +11.4% |
| Commodity Chemicals | Leading | L | L | W | 102.09 | 100.09 | +7.5% |
| Metals - Coke | Leading | G | G | L | 102.02 | 100.71 | +10% |
| Mining - Copper | Leading | L | I | G | 100.28 | 100.03 | +6.5% |
| Mining - Coal | Improving | I | I | W | 99.99 | 101.06 | -6.4% |
| Fertilizers & Agro Chemicals | Improving | G | I | L | 99.96 | 100.53 | -2.3% |
| Cement | Improving | G | L | L | 98.93 | 100.73 | -5.1% |
| Mining - Manganese | Improving | G | I | I | 98.81 | 100.46 | -8.9% |
| Diversified Chemicals | Improving | L | L | L | 98.09 | 100.44 | -4.3% |
| Paints | Improving | L | G | W | 98.09 | 101.58 | -5.9% |
| Specialty Chemicals | Weakening | L | L | L | 101.99 | 99.97 | +10.9% |
| Iron & Steel | Weakening | W | I | G | 101.45 | 98.18 | +5% |
| Metals - Copper | Weakening | L | I | I | 101.27 | 99.69 | +4.1% |
| Packaging | Weakening | L | L | L | 101.21 | 99.67 | +12.9% |
| Mining - Diversified | Weakening | L | I | G | 100.61 | 98.46 | +6.3% |
| Metals - Aluminium | Weakening | L | I | G | 100.15 | 99.05 | +5.3% |
| Plastic Products | Weakening | W | L | G | 100.14 | 97.66 | -1.6% |
| Metals - Diversified | Weakening | G | I | G | 100.12 | 98.28 | -2.6% |
| Mining - Iron Ore | Weakening | G | I | G | 100.10 | 97.97 | -1.4% |
| Metals - Lead | Lagging | L | L | L | 99.65 | 99.09 | -6.1% |
| Wood Products | Lagging | G | L | I | 98.99 | 99.62 | -8.8% |
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.