Sehwag rose a rung to 20th in the list released on Monday but Yuvraj Singh dropped a spot to seventh.
Australian skipper Ricky Ponting has gained one place to be sixth in the list but his teammate Michael Hussey dropped one place to fourth with Shivnarine Chanderpaul benefiting from his misfortune.
India continued being at the third spot behind table-toppers Australia and South Africa.
Meanwhile,Sri Lanka has a chance to move up two places to fifth in the table if it beats Pakistan in all three ODIs coming up in Karachi and Lahore.
Mahela Jayawardena’s team currently lies in seventh position following a tour of mixed results in Bangladesh.
In a tri-series which also involved Zimbabwe,Sri Lanka lost one match to the home side but later exacted revenge in what was a thrilling final.
Now Sri Lanka is in Karachi for the first ODI on January 20 knowing that a 3-0 result in the series will ensure it leap-frogs both Shoaib Malik’s men and sixth-placed England.
However,the reverse result would relegate Sri Lanka from its current tally of 105 ratings points to 102 which would still be significantly ahead of eighth-placed West Indies,which has 91 points to its name at present.
Victory for Pakistan in the series will ensure it keeps the pressure on India and a 3-0 win will put the team within one point of Mahendra Singh Dhoni’s side.