What is sector rotation?

Sector rotation describes how capital tends to move between market sectors over time as economic and momentum conditions change, so some sectors gain relative strength while others lag.

How do I read a sector rotation chart?

Sectors with rising momentum (often shown in green with a higher Z-score) are attracting relative capital, while falling sectors are losing it; read the chart as context on relative strength, not as a buy or sell signal.

Which sectors are performing best on the NSE right now?

The heatmap ranks NSE sectors by recent model-estimated momentum so you can see current relative leaders and laggards; these are quantitative measures of past and current performance, not forecasts.

What is a sectoral rotation chart?

A sectoral rotation chart, often called an RRG or relative rotation graph, plots each sector on two axes: how its recent return compares with the market (relative strength) and whether that comparison is improving or deteriorating (relative momentum). The four quadrants are labelled Leading, Weakening, Lagging and Improving, and a sector tends to travel between them over weeks and months.

How do you track sector rotation?

Measure each sector against a common benchmark rather than in isolation, then watch the direction of travel rather than a single reading. On this page relative strength is each sector’s 21-day return against the average NSE sector, and relative momentum is how that figure has changed over the last five sessions.

Sector Rotation Chart (RRG)

Where each NSE sector sits against the average sector, and which way it is moving.

As of 2 November 2026, across 58 NSE sectors, 21-day momentum is strongest in Petroleum Products (+1.5%) and weakest in Financial Technology (Fintech) (−14.4%).

16 sectors are leading, 14 weakening, 14 improving and 14 lagging.

Sector rotation chart (RRG) — 2 November 2026

Each bubble is one NSE sector, sized by how many stocks it holds. Left to right is how its 21-day return compares with the average NSE sector — the benchmark here is that average, not the Nifty 50, because the sector history and a Nifty 21-day series are not published over the same window. Bottom to top is whether that comparison improved or worsened over the last 5 sessions. 100 on either axis means “no difference”. Sectors travel clockwise between the quadrants over weeks — Improving to Leading to Weakening to Lagging — and a position is a measurement of relative strength, not a forecast.

Leading— ahead and still improvingWeakening— ahead but losing groundLagging— behind and still falling backImproving— behind but catching up

Every sector’s position, as numbers

The same 58 sectors the chart plots. 100 means no difference from the average NSE sector: relative strength compares the last 21 days, momentum compares that figure with where it stood 5 sessions ago.

NSE sectors ranked by relative strength, with quadrant, relative momentum, 21-day return and the number of stocks in each sector.
Sector	Quadrant	Relative strength	Relative momentum	21-day return	Stocks
Petroleum Products	Weakening	109.2	98.0	+1.5%	14
Transport Infrastructure	Leading	107.7	104.8	+0.1%	12
Engineering Services	Weakening	106.0	99.3	−1.6%	2
IT - Software	Weakening	105.8

Flowing In(1)

Petroleum Products

Flowing Out(0)

No sectors flowing out

Sector Rankings

Rank	Sector	Z-ScoreZ-Score: How far the current price is from its recent average (in standard deviations). >2 = extended, <-2 = unusually low.	21d Ret	BreadthBreadth: Share of stocks in this sector with a positive momentum Z-score — a higher number means the rally is broad, not just a few names.	Signal
1^1	Petroleum Products	0.59	+1.5%	71%	Enter
3^8	Automobiles	0.33	-5.8%	61%	-
4^4	Healthcare Services	0.23	-7.0%	48%	-
5^38	Household Products	0.19	-2.6%	60%	-
6^48	Power	0.15	-6.3%	44%	-
7^39	Diversified FMCG	-0.04	-5.4%	40%	-
8^26	Transport Infrastructure	-0.10	+0.1%	33%	-
9-	Pharmaceuticals & Biotechnology	-0.14	-6.2%	40%	-
10v6	Cement & Cement Products	-0.15	-7.2%	33%	-
11^25	Transport Services	-0.18	-4.5%	37%	-
12^26	Capital Markets	-0.18	-2.2%	37%	-
13v6	Metals & Minerals Trading	-0.18	-2.2%	33%	-
14v11	Telecom - Services	-0.22	-4.3%	39%	-
16^15	Auto Components	-0.26	-7.3%	32%	-
17^18	Other Construction Materials	-0.27	-7.1%	33%	-
18^32	Food Products	-0.27	-5.1%	35%	-
19-	Media	-0.33	-8.0%	27%	-
20^13	Oil	-0.33	-10.0%	24%	-
21v16	IT - Software	-0.34	-1.7%	37%	-
22v2	Entertainment	-0.37	-5.7%	27%	-

Sector rotation charts: common questions

What is a sectoral rotation chart?: A sectoral rotation chart, often called an RRG or relative rotation graph, plots each sector on two axes: how its recent return compares with the market (relative strength) and whether that comparison is improving or deteriorating (relative momentum). The four quadrants are labelled Leading, Weakening, Lagging and Improving, and a sector tends to travel between them over weeks and months.
How do you track sector rotation?: Measure each sector against a common benchmark rather than in isolation, then watch the direction of travel rather than a single reading. On this page relative strength is each sector’s 21-day return against the average NSE sector, and relative momentum is how that figure has changed over the last five sessions.

Sector Rotation in the Indian Stock Market

This sector rotation tracker measures the relative momentum of NSE sectors and lays it out as a ranked heatmap and rotation chart, so you can quickly see where capital appears to be flowing. It is built to surface the best- and worst-performing sectors of the moment from one quantitative, model-estimated view rather than scattered indices.

How to read it

Rising sectors (green, higher Z-score) are showing stronger relative momentum; falling sectors are weaker. Click any sector to drill into its stocks. These are measures of past and current relative strength — quantitative research and context only. They are not predictions, recommendations, or buy/sell signals, and momentum can reverse. Do your own research and consult a SEBI-registered adviser before acting.