Pakistan, April 30 -- The Pakistan Stock Exchange (PSX) faced a massive drop as tensions with India caused panic among investors. On Wednesday morning, the KSE-100 index lost more than 3,600 points, falling from 114,872 to 111,192 points within hours. Analysts linked this steep fall directly to fears of a possible military conflict with India.

Topline Securities CEO Muhammad Sohail said that news about a potential Indian strike in the coming days triggered the sell-off. AKD Securities' Awais Ashraf added that the situation worsened after the Information Minister's statement warned of an Indian attack within 24 to 36 hours. This warning created uncertainty in the market and hurt investor confidence.

Chase Securities' Yousuf Farooq agreed...