Markets / Sector rotation

Sector rotation

As of the last close

Which Nifty sectors are leading or lagging NIFTY 50, and which way they are turning.

Weekly (last 8 weeks)Daily (last 10 days)

Relative rotation graph

LeadingImproving LaggingWeakening 93.493.496.796.7100.0100.0103.3103.3106.6106.6 RS-Ratio (strength vs NIFTY) → RS-Momentum → Nifty IT: Weakening (RS-Ratio 102.89, RS-Momentum 99.08) IT Nifty Auto: Lagging (RS-Ratio 97.92, RS-Momentum 99.39) Auto Nifty Pharma: Weakening (RS-Ratio 100.62, RS-Momentum 98.6) Pharma Nifty FMCG: Improving (RS-Ratio 98.87, RS-Momentum 100.51) FMCG Nifty Metal: Lagging (RS-Ratio 96.59, RS-Momentum 98.31) Metal Nifty Realty: Lagging (RS-Ratio 98.49, RS-Momentum 99.31) Realty Nifty Energy: Lagging (RS-Ratio 97.42, RS-Momentum 99.19) Energy Nifty PSU Bank: Lagging (RS-Ratio 97.76, RS-Momentum 97.99) PSU Bank Nifty Private Bank: Lagging (RS-Ratio 98.75, RS-Momentum 98.08) Private Bank Nifty Media: Weakening (RS-Ratio 100.02, RS-Momentum 97.45) Media Nifty Infra: Leading (RS-Ratio 101.01, RS-Momentum 101.37) Infra NIFTY BANK: Lagging (RS-Ratio 97.64, RS-Momentum 97.82) BANK FIN NIFTY: Lagging (RS-Ratio 98.28, RS-Momentum 98.77) FIN NIFTY MIDCAP 100: Lagging (RS-Ratio 96.61, RS-Momentum 98.12) MIDCAP 100 SMALLCAP 100: Lagging (RS-Ratio 96.24, RS-Momentum 96.71) SMALLCAP 100

Each line is a sector's path over the last 8 weeks; the big dot is today. Sectors usually rotate clockwise: Improving → Leading → Weakening → Lagging.

Where each sector is now

IndexQuadrantRS-RatioRS-MomentumToday1 month
Nifty InfraLeading from Improving101.01101.37+1.10%+7.2%
Nifty FMCGImproving from Lagging98.87100.51+3.65%+4.1%
Nifty ITWeakening from Leading102.8999.08+0.34%+15.0%
Nifty PharmaWeakening from Leading100.6298.60+0.42%+3.4%
Nifty MediaWeakening from Leading100.0297.45+0.49%+5.2%
Nifty Private BankLagging98.7598.08+1.98%+3.2%
Nifty RealtyLagging98.4999.31+2.33%+0.8%
FIN NIFTYLagging98.2898.77+1.84%+3.3%
Nifty AutoLagging97.9299.39+1.71%+3.2%
Nifty PSU BankLagging from Leading97.7697.99-1.27%+3.8%
NIFTY BANKLagging97.6497.82+0.98%+2.0%
Nifty EnergyLagging97.4299.19-0.11%-0.3%
MIDCAP 100Lagging96.6198.12+1.06%-0.2%
Nifty MetalLagging96.5998.31-0.14%-2.5%
SMALLCAP 100Lagging96.2496.71+0.31%-2.1%

Calculated from daily closes of the NSE sector indices. RS-Ratio and RS-Momentum use exponential averages (10 weeks or 14 days). Information only, not investment advice.

What is a relative rotation graph?

A chart that shows each sector's strength against a benchmark (here NIFTY 50) on the horizontal axis and the direction of that strength on the vertical axis. Sectors tend to move clockwise through the four quadrants.

How do traders use it?

Many look for sectors moving from Improving into Leading for new ideas, and treat Weakening sectors with caution. It shows relative strength only, not whether prices will rise.