Defying weak market sentiment, Religare Enterprises share price jumped over 6 per cent in intraday trade on the BSE on Thursday, July 10, a day ahead of the company’s board meeting to consider fundraising.

Religare Enterprises’ share price opened at ₹235.55 against its previous close of ₹235.15 and jumped over 6 per cent to an intraday high of ₹249.60.

Around 10:50 AM, the small-cap stock traded 5.27 per cent higher at ₹247.55, looking set to extend gains to the third consecutive session. Equity benchmark Sensex was 0.18 per cent down at 83,382 at that time.

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