Sector Rotation Map
34 NSE sector indices vs the Nifty 500 · as of · Methodology ↓
Tails trace the last 30 sessions. Tap or point at a sector to see its path.
| Sector index | Quadrant | RS-Ratio | RS-Momentum | Change vs benchmark over 30 sessions | In quadrant |
|---|---|---|---|---|---|
| IT | Leading | 105.98 | 105.47 | +18.7% | Leading for 9 sessions, after Improving |
| PSU Bank | Leading | 101.15 | 100.88 | +2.3% | Leading for 11 sessions, after Improving |
| Bank | Leading | 100.82 | 100.12 | +2.3% | Leading for 12 sessions, after Weakening |
| Oil & Gas | Leading | 100.07 | 100.43 | +1.3% | Leading for 1 session, after Improving |
| Media | Weakening | 102.55 | 99.71 | +7.8% | Weakening for 1 session, after Leading |
| Private Bank | Weakening | 101.27 | 99.87 | +4.4% | Weakening for 1 session, after Leading |
| Telecom | Weakening | 101.21 | 99.07 | +4.6% | Weakening for 4 sessions, after Leading |
| Financial Services | Weakening | 100.71 | 99.97 | +1.8% | Weakening for 1 session, after Leading |
| Capital Markets | Weakening | 100.12 | 99.24 | −0.4% | Weakening for 2 sessions, after Leading |
| Insurance | Lagging | 99.81 | 98.92 | +0.6% | Lagging for 1 session, after Weakening |
| FMCG | Lagging | 99.68 | 98.95 | +0.6% | Lagging for 2 sessions, after Weakening |
| Pharma | Lagging | 99.59 | 98.62 | +3.1% | Lagging for 5 sessions, after Weakening |
| PSE | Lagging | 99.44 | 99.66 | −2.1% | Lagging for 11 sessions, after Weakening |
| Energy | Lagging | 99.16 | 99.17 | −2.7% | Lagging for 9 sessions, after Weakening |
| Defence | Lagging | 99.10 | 98.99 | −6.1% | Lagging for 4 sessions, after Weakening |
| Commodities | Lagging | 99.06 | 99.97 | −2.3% | Lagging for 13 sessions, after Weakening |
| CPSE | Lagging | 99.04 | 99.40 | −3.4% | Lagging for 11 sessions, after Weakening |
| Retail | Lagging | 99.02 | 98.40 | −1.8% | Lagging for 4 sessions, after Weakening |
| Realty | Lagging | 98.98 | 99.43 | −3.8% | Lagging for 8 sessions, after Improving |
| Healthcare | Lagging | 98.96 | 98.86 | +0.7% | Lagging for 8 sessions, after Weakening |
| Chemicals | Lagging | 98.80 | 98.99 | −7.0% | Lagging for 4 sessions, after Improving |
| Housing Finance | Lagging | 98.77 | 98.92 | −6.9% | Lagging for 3 sessions, after Improving |
| Power | Lagging | 98.72 | 99.19 | −4.8% | Lagging for 11 sessions, after Weakening |
| Capital Goods | Lagging | 98.40 | 98.08 | −6.3% | Lagging for 6 sessions, after Leading |
| Consumer Durables | Lagging | 98.25 | 99.26 | −7.9% | Lagging for 12 sessions, after Improving |
| MNC | Lagging | 97.92 | 98.65 | −6.8% | Lagging for 11 sessions, after Improving |
| Construction | Lagging | 97.87 | 98.37 | −7.9% | Lagging for 24 sessions, after Weakening |
| Metal | Lagging | 97.71 | 98.88 | −6.3% | Lagging for 12 sessions, after Weakening |
| NBFC | Lagging | 97.41 | 99.14 | −12.3% | Lagging for 35 sessions, after Weakening |
| Hospitals | Lagging | 95.66 | 98.97 | −10.8% | Lagging for 15 sessions, after Weakening |
| Infrastructure | Improving | 99.97 | 100.38 | +0.7% | Improving for 2 sessions, after Lagging |
| Cement | Improving | 99.88 | 100.68 | +1.9% | Improving for 2 sessions, after Lagging |
| Consumption | Improving | 99.62 | 100.10 | −0.3% | Improving for 1 session, after Lagging |
| Auto | Improving | 99.06 | 100.91 | −3.7% | Improving for 4 sessions, after Lagging |
Sectors 34 of 34 shown
| Sector | RS | Mom. |
|---|---|---|
| Leading · 4 | ||
| 105.98 | 105.47 | |
| 101.15 | 100.88 | |
| 100.82 | 100.12 | |
| 100.07 | 100.43 | |
| Weakening · 5 | ||
| 102.55 | 99.71 | |
| 101.27 | 99.87 | |
| 101.21 | 99.07 | |
| 100.71 | 99.97 | |
| 100.12 | 99.24 | |
| Lagging · 21 | ||
| 99.81 | 98.92 | |
| 99.68 | 98.95 | |
| 99.59 | 98.62 | |
| 99.44 | 99.66 | |
| 99.16 | 99.17 | |
| 99.10 | 98.99 | |
| 99.06 | 99.97 | |
| 99.04 | 99.40 | |
| 99.02 | 98.40 | |
| 98.98 | 99.43 | |
| 98.96 | 98.86 | |
| 98.80 | 98.99 | |
| 98.77 | 98.92 | |
| 98.72 | 99.19 | |
| 98.40 | 98.08 | |
| 98.25 | 99.26 | |
| 97.92 | 98.65 | |
| 97.87 | 98.37 | |
| 97.71 | 98.88 | |
| 97.41 | 99.14 | |
| 95.66 | 98.97 | |
| Improving · 4 | ||
| 99.97 | 100.38 | |
| 99.88 | 100.68 | |
| 99.62 | 100.10 | |
| 99.06 | 100.91 | |
Sector rotation: questions and method
Which sectors are leading the Nifty 500 right now?
As of 26 Oct 2026, 4 of 34 NSE sector indices are leading the Nifty 500: IT, PSU Bank, Bank and 1 more. 21 are lagging, including Insurance, FMCG, Pharma and 18 more. Infrastructure, Cement, Consumption and 1 more are improving. Media, Private Bank, Telecom and 2 more are weakening. Oil & Gas moved from Improving to Leading. Media moved from Leading to Weakening. Private Bank moved from Leading to Weakening. Financial Services moved from Leading to Weakening. Insurance moved from Weakening to Lagging. Consumption moved from Lagging to Improving.
How are RS-Ratio and RS-Momentum calculated?
Relative strength (RS) = 100 × sector close ÷ benchmark close. RS-Ratio = 100 × the 14-session weighted average of RS ÷ its 36-session weighted average (linearly weighted, newest heaviest). RS-Momentum = 100 × today's RS-Ratio ÷ the RS-Ratio 8 sessions earlier.
What is a sector rotation map?
A sector rotation map places each sector by two numbers. Relative strength (RS-Ratio, across) compares the sector index with a broad benchmark and normalises it to 100: above 100 means the sector has been outperforming its own recent trend against the benchmark, below 100 means underperforming. Momentum (RS-Momentum, up) measures whether that relative strength is rising or falling, also centred on 100.
What do Leading, Weakening, Lagging and Improving mean?
Leading: Outperforming the benchmark, and the outperformance is gaining pace. Weakening: Still outperforming, but losing pace. Lagging: Underperforming, and still fading. Improving: Still underperforming, but picking up pace.
Why do sectors move clockwise around the map?
Together they split the map into four quadrants. Leading (top right) is outperforming and gaining pace. Weakening (bottom right) is still outperforming but slowing. Lagging (bottom left) is underperforming and still fading. Improving (top left) is underperforming but picking up pace. Over time sectors tend to travel clockwise through them; select a sector, or show all tails, to see the path it took to get there.
Can a sector be Leading while its index is falling?
The map is relative, not absolute: a sector can be Leading while its index falls, if the benchmark falls further. It also lags by design, because both numbers are smoothed averages.
Should I use the weekly or the daily map?
The weekly map smooths out day-to-day noise and suits trends that play out over months; it uses completed weeks only, so it changes when a trading week closes. The daily map reacts faster and changes after every session. This view uses 14/36/8 sessions.
Why are some sector indices not on the map?
Every tracked sector index has enough history for this view.
Is this investment advice?
Relative strength data for research and information only. Not investment advice and not a forecast: a quadrant describes how a sector has moved against the benchmark, not what it will do next.