Loss in the stock market, a person commits suicide by jumping from the 10th floor
Chennai: In today’s time, there are many people who want to earn money as soon as possible. Many people also dream of becoming rich overnight by investing in the stock market. Investing in the stock market is a risky business. In such a situation, before investing, expert opinion must be taken. Many times one has to suffer losses in investments made in the stock market. One such case has come to light from Chennai where a 26-year-old technical expert working in a software company committed suicide by jumping from the 10th floor after losing money in the stock market.
Police have identified the deceased as E Bhuvanesh of Rajalakshmi Nagar, Pallikaranai. During the investigation, the police said that the deceased had taken a loan from the bank to invest money in the stock market, which drowned. He could not handle the increasing debt due to which he committed suicide by jumping from the 10th floor of his office.
Bhuvanesh had taken a loan of Rs 10 lakh from a bank and invested in the stock market with the help of his friends. An investigating officer said, “His friends said they had lost all his money. Since the loss several months ago, Bhuvnesh had not paid interest and bank staff were constantly calling him.” His father Elangovan had told the police that he was ready to mortgage the house and repay the loan.