Click to play videoNew Delhi: The stock market crash is already having serious repurcussions. A retired government school teacher from Moradabad in Uttar Pradesh committed suicide on Friday night after suffering heavy losses in the recent market meltdown.
Shankar Pawa consumed poison after losing nearly Rs 1 crore in stocks in the financial crisis. His body was found in a hotel room in Moradabad.
With more than 1 lakh investors reporting major losses in Lukcnow, secondary market investors from Uttar Pradesh have been badly hit.
The bloodbath in the stock markets has not only affected investments, but has also exposed cracks in relationships.
A man is Ahmedabad is reportedly planning to divorce his wife as she lost over Rs 30 lakh in the market crash. The woman says her husband prefers to divorce her than shoulder her losses.
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