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May 9, 2001
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Bombay broker ends life over market collapse

Bimal Gandhi, a well-known stockbroker, killed himself on Tuesday, apparently out of despondency over the crash in Indian share prices earlier this year, police said. Gandhi was 40.

"He committed suicide by hanging himself from the fan last evening," deputy commissioner of police Ashok Kamte said on Wednesday.

"He seemed to be in depression after the recent stock market collapse," Kamte quoted Gandhi's brother Kamlesh Gandhi as saying.

Gandhi was the head of the El Dorado group of companies and Dil Vikas Securities.

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