Our story begins with Nirav, who hailed from a small business family in Ahmedabad. Like so many, he moved to the Dream City – Mumbai, high on ambition and aspiration. The city is a land of opportunities and promises. It is a gateway to becoming the next successful person, Nirav had dreams of becoming rich and successful too and this drove him to move from his hometown to the city of dreams.
Initially, to make the ends meet he started out by selling insurance policies and quickly picked up the nuances of the stock market as well. Nirav had an endearing personality and was easily able to charm everyone around him. He was able to build a strong network of people with his smooth talks and helping nature. Nirav soon became the go-to man in his line of business.
With his newly gained stock market knowledge and network of people at some high positions, Nirav was able to gain some quick early success. Nirav became an example of a quick success story and everyone wanted to know how he did it. He dished out advice like hotcakes and everyone lapped it up. Nirav was the golden boy of the Dalal street for a while.
Then came the day when suddenly stock markets crashed, some called it Dooms Day of Stock Market and some as Black Monday. By that time, Nirav was betting big in the market and had high stakes involved in it. When the crash hit, it was certain he lost everything. His properties were mortgaged, his savings were lost. Day by Day, Nirav became desperate and wanted to do anything which can bring his good days back. He had to come up with something really quickly and he realised he will not gain all the money he lost in legitimate ways anymore.
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What do you think Nirav did?