Stock Market Losses Drive Pune Youth to Suicide, Raises Concerns
Pune, 7th September 2023: A tragic incident occurred in Dehugaon Malwadi, where 24-year-old Nitin Chandrabhan Pardeshi took his own life due to financial losses in the stock market. Police said that he left behind a suicide note explaining that these financial losses were the primary reason for his drastic action.
According to the police, Pardeshi, the deceased, resided in Malwadi, Dehugaon, along with his brother and sister-in-law. He was not gainfully employed and primarily focused on stock market investments. Nitin’s brother, on the other hand, held regular employment. Nitin’s sister-in-law had recently relocated to the same village where Nitin and his brother lived. On a fateful Wednesday, while Nitin’s brother went to work as usual, Nitin took his own life by hanging himself in the living room.
Before his tragic act, Nitin left behind a suicide note detailing his motivation – the substantial financial losses he incurred in the stock market. Dehu Police confirmed this information. The Pardeshi family hails from Vaijapur in Chhatrapati Sambhajinagar district.
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