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Loss in share market drives man to suicide

A 52-YEAR-old man committed suicide at Bindapur in southwest Delhi after suffering huge losses in the share market.

Updated on: Feb 5, 2009, 12:47:47 IST
Hindustan Times | By , New Delhi
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A 52-YEAR-old man committed suicide at Bindapur in southwest Delhi after suffering huge losses in the share market.

HT Image
HT Image

According to the police, Amar Pal had invested Rs 2-4 lakh in shares but had been facing losses. "We got a call at about 6:00 a.m. on Wednesday from Pal's wife that he had hanging himself from the ceiling," said a police officer.

The police said Pal leaves behind two sons -- Puneet (23), a B Tech student and Sumit (22) -- and his wife. Pal had dinner with his family on Tuesday night before ending his life.

"He was the sole earning member. Family members said he was upset for sometime as he suffered losses," said a senior police officer.

Deputy Commissioner of Police (Southwest Delhi) K Jagdishan said that Pal had done a diploma in mechanical engineering and was not doing anything at present. The DCP said Pal had left a suicide note.

In another case, a senior citizen allegedly jumped off the second floor of his residence in Greater Kailash on Tuesday night. The police said 79-year-old Vasant Lal was suffering from tuberculosis, an eye infection and other age-related diseases. The police said he was depressed over his bad health.

On Tuesday, he jumped off the second floor and fell on his head. No suicide note was recovered.

The police said that Lal has no immediate family and was a bachelor. The body has been over to Sunil Kapoor, who used to stay with him.

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