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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Twelve NSE sector indices ranked by their relative strength versus the Nifty and grouped into rotation quadrants. The ranking is backtested, and a sector has to earn its move before it changes quadrant.
Nifty IT tops the blend rank (+5.6% RS vs Nifty), 3 weeks into its Leading run. Nifty IT turned Leading 3 weeks ago — a young run, not yet proven. At the bottom, REALTY, FIN SVCS, AUTO, INFRA, METAL, FMCG and ENERGY are Lagging — the quadrant whose stocks fared worst in our backtests. Nifty IT leads on its heavyweights while IT & Tech stocks as a group are Lagging — a narrow move. Backtest note: stale leaders keep outperforming — leadership age is context, not a sell signal.
ahead of Nifty over 3 months and the last month
behind over 3 months, ahead in the last month
ahead over 3 months, behind in the last month
behind Nifty over 3 months and the last month
Each trail is 9 weeks of relative strength versus Nifty; the hairline is parity. Bottom-left: weeks in the quadrant and the RS trend per week. Bottom-right: a 0–100 breadth score — how much of the sector is actually in the move (⚠ = leading on a narrow base).
Peak-to-trough on the sector index over its full history. Market-wide means the Nifty fell too; a long grind can span years, so the dates and the Nifty’s own move are shown to judge it. Index constituents drift over decades — this is the index’s record, not today’s constituents, and never a forecast.
Percentile of each sector’s current relative strength within its own ~20-year range — a high reading is a multi-year relative peak vs the Nifty, a low a multi-year trough. The spark traces its RS since 2006 (100 = flat vs the Nifty). This is the long view: a sector can lead the weekly rotation above while sitting low in its 20-year range — a bounce inside a long decline, not yet a new era.
Sector rotation is the way leadership in the stock market moves between sectors over time — money flows into some groups while others fade. Trade Edge AI tracks twelve NSE sector indices and ranks each by its relative strength against the Nifty.
They cross a sector's longer-term relative strength with its recent momentum. Leading = strong and still strengthening; Weakening = strong but losing momentum; Lagging = weak and still weakening; Improving = weak but gaining momentum. Sectors typically cycle through them.
Relative strength measures how hard a sector or stock is beating or trailing the Nifty over recent months. It is the single number the sector leaderboard is ranked by — a positive RS means it has outperformed the index.
Breadth is the percentage of stocks in a sector trading above their own 50-day moving average. Wide breadth means the whole sector is taking part in a move; narrow breadth means one or two heavyweights may be carrying a hollow rally.
Rotation ranks sectors; it does not time entries. In Trade Edge AI's backtests, favouring setups from sectors that are not in the Lagging quadrant added edge — the sector filter narrows where to look, and individual stock analysis decides the rest.