Thematic Baskets

Indian companies sorted by reported industry into buckets you can actually think in — plus curated cross-sector baskets like defence, railways and EV. Each theme is scored nightly on returns, relative strength and breadth, then labelled trending, turning around, cooling or weak.

37 themes4,198 companiesComputed 5 Oct 2026

Where the market is rotating

37 themes classified nightly

Trending
2
Turning around
1
Cooling
12
Weak
22

Sorted by what the company actually does

Derived from each company's reported industry, so a name sits in at most one bucket. A small number of listings carry no industry upstream and are not shown here. Sorted by size.

Capital Goods & Engineering

349 companies · ₹39.81L cr

+31.2%
3M1M +6.1%
Trending
largest holdings

NBFC & Lending

322 companies · ₹29.59L cr

-9.3%
3M1M -7.4%
Weak
largest holdings

Pharma & Healthcare

310 companies · ₹36.16L cr

+1.8%
3M1M -3.0%
Cooling
largest holdings

Agriculture & Food Processing

290 companies · ₹24.84L cr

-10.2%
3M1M -6.7%
Weak
largest holdings

Trading & Diversified

265 companies · ₹6.63L cr

+5.7%
3M1M -1.1%
Cooling
largest holdings

Metals & Mining

253 companies · ₹97.93L cr

-0.5%
3M1M -6.4%
Weak
largest holdings

Specialty Chemicals

250 companies · ₹38.60L cr

-3.3%
3M1M -3.2%
Weak
largest holdings

IT & AI Services

227 companies · ₹83.48L cr

-2.8%
3M1M -4.9%
Weak
largest holdings

Packaging & Paper

218 companies · ₹43.92L cr

+4.3%
3M1M -3.6%
Cooling
largest holdings

Textiles & Apparel

217 companies · ₹8.68L cr

-8.8%
3M1M -5.3%
Weak
largest holdings

Infrastructure & Capex

186 companies · ₹15.57L cr

-10.6%
3M1M -6.7%
Weak
largest holdings

Cement & Building Materials

119 companies · ₹9.79L cr

-11.3%
3M1M -7.3%
Weak
largest holdings

Electrical Equipment & T&D

113 companies · ₹6.24L cr

+3.0%
3M1M -0.7%
Cooling
largest holdings

Capital Markets

109 companies · ₹17.64L cr

-9.1%
3M1M -6.4%
Weak
largest holdings

Logistics & Supply Chain

107 companies · ₹1.98L cr

+2.7%
3M1M -1.4%
Cooling
largest holdings

Hospitality & Travel

105 companies · ₹7.71L cr

-1.0%
3M1M -1.9%
Weak
largest holdings

Media & Entertainment

104 companies · ₹2.24L cr

-3.6%
3M1M -5.1%
Weak
largest holdings

FMCG & Household

101 companies · ₹13.87L cr

-5.7%
3M1M -2.8%
Weak
largest holdings

Consumer & Retail

90 companies · ₹13.09L cr

+3.1%
3M1M -0.5%
Cooling
largest holdings

Auto & Auto Components

86 companies · ₹11.19L cr

+5.4%
3M1M -7.2%
Cooling
largest holdings

Digital & Internet Platforms

79 companies · ₹16.99L cr

+4.1%
3M1M -6.5%
Cooling
largest holdings

Real Estate

66 companies · ₹32.15L cr

+10.3%
3M1M +0.8%
Cooling
largest holdings

Power & Utilities

61 companies · ₹17.18L cr

-10.8%
3M1M -3.9%
Weak
largest holdings

Jewellery & Luxury

53 companies · ₹22.33L cr

+2.9%
3M1M +2.6%
Cooling
largest holdings

Oil, Gas & Energy

47 companies · ₹27.75L cr

-1.2%
3M1M -4.0%
Turning Around
largest holdings

Electronics & EMS

33 companies · ₹1.74L cr

+0.3%
3M1M -7.2%
Weak
largest holdings

Telecom

14 companies · ₹90,867 cr

+29.2%
3M1M +3.7%
Trending
largest holdings

Insurance

12 companies · ₹11.39L cr

-9.3%
3M1M -6.3%
Weak
largest holdings

PSU Banks

12 companies · ₹17.34L cr

-4.0%
3M1M -6.1%
Weak
largest holdings

Curated cross-cutting baskets

Hand-picked lists that cut across industries — a defence name can be an engineering company, a shipbuilder or an electronics maker. Membership here is editorial, not measured.

PSU

16 companies · ₹34.98L cr

-7.2%
3M1M -4.2%
Weak
largest holdings

Defence & Aerospace

15 companies · ₹10.55L cr

-6.9%
3M1M -8.6%
Weak
largest holdings

Pharma Majors

13 companies · ₹17.41L cr

+2.3%
3M1M -0.4%
Cooling
largest holdings

Railways

11 companies · ₹2.81L cr

-10.4%
3M1M -7.2%
Weak
largest holdings

Green Energy & Transition

11 companies · ₹7.10L cr

-16.2%
3M1M -8.0%
Weak
largest holdings

EV Ecosystem

10 companies · ₹7.27L cr

-4.1%
3M1M -3.8%
Weak
largest holdings

AI & Data Centre

10 companies · ₹19.09L cr

+4.4%
3M1M -7.5%
Cooling
largest holdings

Semiconductor & EMS

6 companies · ₹2.93L cr

-2.3%
3M1M -7.5%
Weak
largest holdings

Leaders & laggards

3-month relative strength, cap-weighted · 5 Oct 2026

Leading the market

Furthest ahead of DocStoX universe (5,391 companies) over three months.

  1. 1Capital Goods & Engineering349 companies+30.4pp+31.2%
  2. 2Telecom14 companies+28.4pp+29.2%
  3. 3Real Estate66 companies+9.5pp+10.3%
  4. 4Trading & Diversified265 companies+4.9pp+5.7%
  5. 5Auto & Auto Components86 companies+4.6pp+5.4%

Lagging the market

Furthest behind over the same window — the other end of the same ranking.

  1. 37Green Energy & Transition11 companies-17.0pp-16.2%
  2. 36Cement & Building Materials119 companies-12.2pp-11.3%
  3. 35Power & Utilities61 companies-11.6pp-10.8%
  4. 34Infrastructure & Capex186 companies-11.4pp-10.6%
  5. 33Railways11 companies-11.2pp-10.4%
See the full rankingAll 37 ranked themes, with 1M/3M/6M and cap- vs equal-weighted toggles.

Theme rotation

Every theme ranked by its 3 months move, against DocStoX universe (5,391 companies). Computed 5 Oct 2026.

  1. 1Capital Goods & Engineering349 companies+31.2%
  2. 2Telecom14 companies+29.2%
  3. 3Real Estate66 companies+10.3%
  4. 4Trading & Diversified265 companies+5.7%
  5. 5Auto & Auto Components86 companies+5.4%
  6. 6AI & Data Centre10 companies+4.4%
  7. 7Packaging & Paper218 companies+4.3%
  8. 8Digital & Internet Platforms79 companies+4.1%
  9. 9Consumer & Retail90 companies+3.1%
  10. 10Electrical Equipment & T&D113 companies+3.0%
  11. 11Jewellery & Luxury53 companies+2.9%
  12. 12Logistics & Supply Chain107 companies+2.7%
  13. 13Pharma Majors13 companies+2.3%
  14. 14Pharma & Healthcare310 companies+1.8%
  15. 15Electronics & EMS33 companies+0.3%
  16. 16Metals & Mining253 companies-0.5%
  17. 17Hospitality & Travel105 companies-1.0%
  18. 18Oil, Gas & Energy47 companies-1.2%
  19. 19Semiconductor & EMS6 companies-2.3%
  20. 20IT & AI Services227 companies-2.8%
  21. 21Specialty Chemicals250 companies-3.3%
  22. 22Media & Entertainment104 companies-3.6%
  23. 23PSU Banks12 companies-4.0%
  24. 24EV Ecosystem10 companies-4.1%
  25. 25FMCG & Household101 companies-5.7%
  26. 26Defence & Aerospace15 companies-6.9%
  27. 27PSU16 companies-7.2%
  28. 28Textiles & Apparel217 companies-8.8%
  29. 29Capital Markets109 companies-9.1%
  30. 30NBFC & Lending322 companies-9.3%
  31. 31Insurance12 companies-9.3%
  32. 32Agriculture & Food Processing290 companies-10.2%
  33. 33Railways11 companies-10.4%
  34. 34Infrastructure & Capex186 companies-10.6%
  35. 35Power & Utilities61 companies-10.8%
  36. 36Cement & Building Materials119 companies-11.3%
  37. 37Green Energy & Transition11 companies-16.2%

How these numbers are built

The benchmark is our own universe
Relative strength compares a theme with DocStoX universe (5,391 companies). We do not hold index history, so nothing here is a comparison against NIFTY.
Two weightings, both shown
The headline is market-cap weighted with a 12% ceiling per company. The equal-weighted figure sits beside it in the full ranking — when the two diverge, the move is narrow.
Breadth has its own denominator
Only members with enough price history to carry a 200-day average count towards breadth. Below half a theme's members, we show the coverage and withhold the state label.
The trend line is a rolling window
Each card's sparkline plots how that theme's trailing 3-month return has moved across the stored sessions — a shape for trending, turning or rolling over. Themes without enough stored points show no line at all rather than a flat one.

Themes are informational groupings, not recommendations or a portfolio. This is not investment advice — consult a SEBI-registered adviser before investing.

Stock Market Themes & Sector Rotation: India | DocStoX