Today, April 2, the Sensex plummeted 1,400 points and the Nifty50 fell below 22,250 due to rising West Asia tensions. A spike in Brent crude toward USD 105, following U.S. remarks on Iranian infrastructure, sparked inflation fears. Massive FII outflows and a 15 per cent jump in the 'fear gauge' VIX led to broad losses across banking and auto sectors.