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The Economic Times
The Economic Times
Debaroti Adhikary

Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr loss

After a school principal in Maharashtra's Solapur allegedly killed his wife and two sons before dying by suicide amid stock market losses of Rs 1.8 crore, market expert Nilesh Shah called for a mandatory minimum qualification criterion for trading in the derivatives market.

According to a Times of India report, the zilla parishad school principal allegedly poisoned his wife and two children by lacing their ice cream before taking his own life by hanging at his native village in Solapur district on Thursday night. Based on a note recovered from the scene, police suspect financial losses of around Rs 1.8 crore in the stock market may have driven 41-year-old Yogesh Patil to take the extreme step.

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