Indore: Failing to cope up with the growing uncertainty in the Indian markets, another stock broker committed suicide in Indore, allegedly out of desperation after a fall in the markets.
Though Indore police have not confirmed the death as a suicide, family members say he may have ended his life as some investors wanted their money back.
Ravi Sharma had incurred big losses in the recent slump in the share market. Things took a turn for the worse after American firm Lehman brothers went bankrupt and AIG also threatened to go under. Police expect to know more after Sharma's computer is checked.
Earlier this week, two of the biggest names in the world's financial market, Lehman Brothers and Merrill Lynch, collapsed.
And even though Barclays came in with an offer to buy the good part of Lehman, there is no denying that there is a financial crisis in the US — a crisis which analysts are describing as the biggest since the Great Depression of 1929.
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