The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Blinkit continues to lead market despite growing competition: Karan Taurani
The cash burn is not a question here. The question here is that Blinkit has always focused on assortment, on user experience, and on trying