New Delhi, May 20 -- India's equity market is undergoing a subtle but critical sectoral shift as the latest Relative Rotation Graphs (RRG) from Share.Market reveal evolving momentum patterns among key industries. While the banking sector continues to lead, its waning strength suggests the tide may be turning in favor of sectors like IT and metals.

According to Share.Market's weekly Sector Rotation Report, which analyses sectoral movements relative to the Nifty 50 benchmark over a six-week period from April 4 to May 16, several sectors are showing signs of transition.

Banking, private banking, and financial services indices have remained in the leading quadrant, outperforming the broader market with strong relative strength and momentum....