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The S&P BSE Sensex started on a positive note on Thursday on the last trading day of the week. The market will remain shut on Friday due to a Christmas holiday.The rally in the index was led by gains in Coal India, ICICI Bank, Infosys, HUL, RIL, Bajaj Auto, and Tata Motors. 

The government said it was difficult to predict a timeline for the passage of a bill that seeks to harmonise state taxes after lawmakers failed to vote on the measure in the parliament session that ended on Wednesday.Junior finance minister Jayant Sinha said the rollout of the new tax was contingent on the passage of the bill."We will have to see how the legislative calendar develops," he said. "It's very hard to predict how soon that will happen."