The BJP is taking a cautious approach in selecting Maharashtra's Chief Minister, prioritising cabinet formation over immediate announcements.

The Bharatiya Janata Party (BJP) would not rush into announcing its chief ministerial candidate until the distribution of portfolios in the new Maharashtra government is finalised, party sources said on Tuesday.

The Bharatiya Janata Party (BJP) would not rush into announcing its chief ministerial candidate until the distribution of portfolios in the new Maharashtra government is finalised, party sources said

The suspense over who will become Maharashtra Chief Minister after the Mahayuti's mammoth victory in the state polls has entered its third day

Shinde, accompanied by Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar, submitted his resignation at Raj Bhavan..Eknath Shinde, Maharashtra Chief Minister, BJP, Shiv Sena, India News

The RSS, which played a crucial role in BJP's victory, also backs Fadnavis for the position. On the other hand, Shinde insists no pre-poll pact states that the party with the most seats should get the CM post automatically.

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.

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.