The electoral victories will embolden the BJP to go on the offensive in the ongoing winter session of Parliament.

Indian Prime Minister Narendra Modi's party and its allies were set to return to power in the nation's richest state, television channels reported on Saturday, a boost for the Hindu-nationalist leader after a disappointing general election.

Stock benchmarks in India surged on Monday as Prime Minister Narendra Modi’s Bharatiya Janata Party-led alliance secured a thumping victory in the nation’s wealthiest state of Maharashtra.

Prime Minister Narendra Modi and his party scored a big political win over the weekend. After losing its parliamentary majority in national elections in June, the BJP posted a landslide victory in a state election in Maharashtra,

Indian indices extended gains on Monday after Prime Minister Modi's party and his allies secured victory in the state of Maharashtra. The BJP's win provided some relief to the market, as the election outcome ended political instability in the Indian state.