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 94.194.197.197.1100.0100.0102.9102.9105.9105.9 RS-Ratio (strength vs NIFTY) → RS-Momentum → Nifty IT: Lagging (RS-Ratio 99.5, RS-Momentum 96.9) IT Nifty Auto: Lagging (RS-Ratio 99.05, RS-Momentum 99.9) Auto Nifty Pharma: Lagging (RS-Ratio 99.45, RS-Momentum 99.15) Pharma Nifty FMCG: Leading (RS-Ratio 100.13, RS-Momentum 101.27) FMCG Nifty Metal: Lagging (RS-Ratio 97.99, RS-Momentum 99.88) Metal Nifty Realty: Improving (RS-Ratio 99.57, RS-Momentum 100.69) Realty Nifty Energy: Lagging (RS-Ratio 98.31, RS-Momentum 99.74) Energy Nifty PSU Bank: Lagging (RS-Ratio 97.13, RS-Momentum 97.39) PSU Bank Nifty Private Bank: Lagging (RS-Ratio 98.44, RS-Momentum 99.06) Private Bank Nifty Media: Lagging (RS-Ratio 97.44, RS-Momentum 97.13) Media Nifty Infra: Leading (RS-Ratio 101.14, RS-Momentum 100.86) Infra NIFTY BANK: Lagging (RS-Ratio 97.74, RS-Momentum 98.66) BANK FIN NIFTY: Lagging (RS-Ratio 98.76, RS-Momentum 99.62) FIN NIFTY MIDCAP 100: Lagging (RS-Ratio 97.74, RS-Momentum 99.46) MIDCAP 100 SMALLCAP 100: Lagging (RS-Ratio 96.55, RS-Momentum 98.5) SMALLCAP 100

Each line is a sector's path over the last 10 days; the big dot is today. Sectors usually rotate clockwise: Improving → Leading → Weakening → Lagging.

Where each sector is now

IndexQuadrantRS-RatioRS-MomentumToday1 month
Nifty InfraLeading101.14100.86+1.10%+7.2%
Nifty FMCGLeading from Lagging100.13101.27+3.65%+4.1%
Nifty RealtyImproving from Lagging99.57100.69+2.33%+0.8%
Nifty ITLagging from Weakening99.5096.90+0.34%+15.0%
Nifty PharmaLagging from Leading99.4599.15+0.42%+3.4%
Nifty AutoLagging99.0599.90+1.71%+3.2%
FIN NIFTYLagging98.7699.62+1.84%+3.3%
Nifty Private BankLagging98.4499.06+1.98%+3.2%
Nifty EnergyLagging from Improving98.3199.74-0.11%-0.3%
Nifty MetalLagging from Improving97.9999.88-0.14%-2.5%
NIFTY BANKLagging97.7498.66+0.98%+2.0%
MIDCAP 100Lagging97.7499.46+1.06%-0.2%
Nifty MediaLagging97.4497.13+0.49%+5.2%
Nifty PSU BankLagging97.1397.39-1.27%+3.8%
SMALLCAP 100Lagging96.5598.50+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.