The BJP has convened a high-level meeting in New Delhi with Shinde, Fadnavis, and Ajit Pawar to finalise power-sharing terms and Cabinet composition.

The BJP delays its chief minister announcement in Maharashtra as the Sena pushes for Eknath Shinde, backed by the NCP for Devendra Fadnavis

The BJP is moving decisively to reinstate Devendra Fadnavis as Maharashtra Chief Minister, despite opposition from ally Shiv Sena, which backs Eknath Shinde's continuation. The NCP’s Ajit Pawar faction supports Fadnavis's return,

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

In the mine-rich eastern Jharkhand state, the ruling regional party Jharkhand Mukti Morcha, which is in alliance with the Congress-led opposition, is leading to regain control by defeating the BJP and its allies, media reported.

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.