The ruling BJP-led Mahayuti alliance recorded a resounding victory. The NCP, led by Deputy Chief Minister Ajit Pawar, won 41 seats, the Shiv Sena led by Chief Minister Eknath Shinde, got 57 seats, while the BJP bagged 132 seats.

Legislative rules mandate that a party must secure at least 10 per cent of the Assembly's 288 seats -- 29 seats -- to qualify for the LoP position. However, the way the mandate has unfolded in Maharashtra,

The opposition alliance suffered a crushing defeat at the hands of the BJP-led ruling alliance in Maharashtra.

The elections have sparked a fierce battle between the ruling Mahayuti alliance and the opposition MVA. With a record voter turnout, results will unveil which alliance successfully resonates with elec

The main fight was between the Mahayuti comprising BJP, Chief Minister Eknath Shinde's Shiv Sena and Deputy CM Ajit Pawar-led NCP, and the Maha Vikas Aghadi consisting of the Congress, NCP (SP) and Shiv Sena (UBT).

The results of the Maharashtra assembly election, announced on Saturday, are expected to have a notable impact on the stock markets when trading resumes on Monday.