Indus Towers sinks into death cross after tumbling over 18 per cent! Indus Towers sinks into death cross after tumbling over 18 per cent! As such, a death cross is typically considered to be a bearish signal. Karan Dsij / Thursday, February 24, 2022 / Article rating: 4.3 Many stocks are seen breaking their important support levels; however, there is one particular stock that has literally led to the tears of blood for its shareholders as it plunged over 18 per cent on Thursday.