New Delhi, April 29 -- Frontline indices, the Sensex and the Nifty 50, jumped more than 1% during the session on Wednesday, 29 April, despite crude oil prices staying at higher levels and the rupee's weakness amid persisting uncertainties over the possible US-Iran talks.

Brent Crude prices traded above the $111 per barrel mark, while the Indian rupee declined by 13 paise to 94.81 per US dollar in early trade on Wednesday.

The US-Iran peace talks remain stalled, and according to the Wall Street Journal, US President Donald Trump has instructed aides to prepare for an extended blockade of Iran.

Despite the persisting headwinds, the Nifty 50 jumped over 300 points, or more than 1%, to reach near the 24,300 mark in intraday trade. The 30-s...