The Bombay Stock Exchange (BSE) on Thursday announced that it plans to introduce a pre-opening session for futures and options (F&O) trading, starting December 8.

The Indian equity indices fell sharply to end the session nearly one per cent lower on Thursday -- a day after the 50 per cent US tariffs on Indian goods came into effect.

Sensex ended the session at 80,080.57, down 705 points or 0.87 per cent. The 30-share index started the session in negative territory at 80,754 against last session's closing of 80,786.54 amid selling across the sectors. The Index further extended the losing momentum to hit an intra-day low at 80,013.02 following the implementation of US tariffs on Indian goods.

Nifty settled at 24,500.90, down 211.15 points or 0.85 per cent.

The government’s plan to simplify the Goods and Services Tax (GST) structure

The starting point of India's macro balance sheet is positively positioned, underpinned by a robust macro-stability framework (fiscal consolidation and flexible inflation targeting framework), productivity enhancing policy reforms, and favourable structural factors such as demographics, that lend support to the growth trajectory, a Morgan Stanley report said on Thursday.

The report expects growth to average 6.5 per cent in the next 10 years, with inflation likely to align with the RBI's target of 4 per cent, thus providing a favourable backdrop to the cost of capital and ensuring debt sustainability.

"India's overall indebtedness levels reflect an incipient inflexion with a rise in private sector leverage. We expect private sector debt to continue to see modest expansion while public sector debt decline keeps overall debt manageable and improves the productivity of incremental debt," said the report.

The shares of InterGlobe Aviation, the parent company of IndiGo Airlines, tanked over 4 per cent in the early trading on Thursday on news of promoter Rakesh Gangwal's family selling stocks worth Rs 7,085 crore through a block deal.

At around 11:38 am, the shares were trading at Rs 5,789.0, down 4.31 per cent or Rs 261.

The promoter family is likely to sell 1.2 lakh shares, worth Rs 7,085 crore, at an average price of Rs 5,830 per share.

According to earlier media reports, the Gangwal family plans to sell up to 3.1 per cent of InterGlobe Aviation through block deals valued at approximately Rs 7,020 crore.

A floor price of Rs 5,808 per share, or about 4 per cent less than the closing price of the previous session, was anticipated for the block deal.