The Bse Sensex closed 116 points higher on Thursday after the country moved a step closer to implementing a nationwide GST from July. Four bills related to GST, were passed by the lower house of parliament. The new sales tax regime will subsume a slew of central and state levies, transforming a nation of more than 1.2 billion population into a single market. 

About 1731 shares advanced, 987 shares declined, atotal of 229 shares were unchanged on the BSE.