Dhaka, May 7 -- Dhaka stocks suffered their sharpest decline in over four years on Wednesday, with the benchmark index plunging 3.015 per cent, driven by investor concerns over escalating geopolitical tensions following India's airstrikes in Pakistan.

The DSEX, the key index of the Dhaka Stock Exchange (DSE), dropped by 149.31 points to close at 4,802.42. In percentage terms, this is the largest single-day fall in four years and one month. On April 4, 2021, the DSEX fell by 3.44 per cent, which is up by 0.425 per cent from this day's fall.

With Wednesday's fall, the index also slipped to its lowest level in four years and eight months since August 25, 2020, when it stood at 4,781.57.

"Stock markets are very sensitive. While it's unlike...