6.30 pm: Shiv Sena supremo Uddhav Thackeray says if BJP is fine with NCP, they can go ahead and form an alliance. NCP has been an UPA ally in the previous government at the Centre.He said nobody from the BJP has approached him post results.
6.20 pm: Prime Minister Narendra Modi thanks Haryana and Maharashtra for BJP's record victory.
4.20 pm: Amit Shah clarifies it was Shiv Sena who wanted to break the alliance. They were giving BJP only few seats, and "we have won more than that." As far as NCP's support is concerned, the release says they are willing to give unconditional support to BJP.
4.11 pm: Shah says our dream of Congress-free India will be realised soon. He says BJP will provide good governance. He further adds Maharashtra CM will be from BJP. According to him, election results reflect work done by Modi government at the Centre.
4.07 pm: Amit Shah says BJP will form govt in both Maharashtra & Haryana. He adds that people have accepted Modi as undisputed leader
3:18 pm: NCP offers outside support to a BJP government in Maharashtra
3:03 pm: Results show saffron surge continues, says party veteran LK Advani, who hopes to see BJP and Shiv Sena coming together. He says he is happy with performances of both the parties.
2:56 pm: Prime Minister Narendra Modi to visit BJP office shortly
2:40 pm: Calling the results a satisfactory one for the Congress, former Maharashtra CM Prithviraj Chavan said the party wants to “build a better Congress and form a positive Opposition.” Chavan has won South Karad seat in Satara. However, he was quick to add: "I take responsibility for Congress' poor show."
2:10 pm: BJP Parliamentary board will meet at 6 pm today. Prime Minister Narendra Modi and BJP chief Amit Shah to attend.
1:50 pm: Girish Kuber says the economic situation in Maharashtra will definitely improve if BJP comes in power and there would be more development in the infra front.
Discussing the markets, Ajay Srivastava of Dimesnions Consulting, advises to buy IT stocks in selective manner and to stay away from realty sector. He said he will add Reliance Infra, Oracle Financial Services to portfolio.
Mehraboon Irani says that though the decision on gas price is a positive for the oil marketing companies, he is not in a great hurry to buy those stocks. He would rather look into the telecom space, which has relatively underperformed.
According to Sandip Sabharwal of asksandipsabharwal.com, the question on what stocks to buy depends on the macro view. He feels the correction in global equities is not yet over and expects a second round. When that time comes, one should buy into capital goods and banking stocks, he says.
VK Sharma sees a bump of over 80-90 points on the Nifty tomorrow, while Dipan Mehta feels the next few weeks would see a churn in portfolio where “we get out of the export-oriented sectors to some of the India-centric businesses”. He sees banks getting a leadership position because despite tough condition, Axis Bank, IndusInd and LIC Housing have posted decent set of quarterly numbers. “So I’m kind of looking out to increase exposure to that sector at the expense of technology and pharma,” he says.
1:45 pm: It has been a huge victory for the BJP as voters have shown confidence in the party, said leader Nitin Gadkari. He said the BJP will form government for the first time in Haryana, adding that the party president will announce the future strategy.
1:28 pm: According to Sanjay Pugalia of CNBC Awaaz, with diesel deregulation, the government has made its stance clear and very soon we can expect more reforms on issues like land acquisition, coal auction.
Mehraboon Irani of Nirmal Bang Securities, says the market was expecting a bigger majority for BJP in Maharashtra and the verdict could come as a bit of a dampner. He sees BJP-Sena again getting into an alliance.
AK Bhattacharya feels talent crunch remains an issue for the Modi government.
1:13 pm: One of the frontrunners to be the Haryana CM, BJP's Manoharlal Khattar, has won the Karnal seat by a huge margin of 63773 votes.
1:10 pm: There will be little disappointment in the markets as far as Maharashtra verdict is concerned feels Ajay Srivastava, CEO, Dimensions Consulting, as BJP was expected to garner more seats. He, however, says that the decision on gas price hike is a definite positive for Reliance as well as other oil marketing companies in 3-year horizon.
VK Sharma, head of private broking and wealth management at HDFC Securities, think the markets will react positively to gas price hike & diesel decontrol.
According to MK Venu of Amar Ujala, the diesel price decontrol is a big step taken by the government and feels it should push for more reforms (with RSS). He feels BJP's presence in most states will help clear hurdles on GST.
1:02 pm: The BJP says that it will form the government in Maharashtra and that the Chief Minister will also be from the party.
12:41 pm: Haryana CM Bhupinder Singh Hooda has concede defeat and has congratulated the BJP for winning in the state. "I thank Sonia Gandhi for giving me the support to develop Haryana. I congratulate those who will form the new government in Haryana," Hooda said.
12:02 pm: In an interesting development, BJP's two Chief Ministerial candidates in the running Devendra Fadnavis in Maharashtra and Captain Abhimanyu Singh is Haryana, are trailing.
11:53 am: In Maharashtra, the game is on. BJP's Kirit Somaiya says, "We are open to taking support from any party which supports our manifesto." On the other hand, Sena chief Udhhav Thackeray says, "The Shiv Sena will go with whichever party works for the betterment of Maharashtra."
11:48 am: In Maharashtra, while the BJP is emerging as the single largest party, there is still no clear picture of what the government will look like. Sources say that not just the BJP, the NCP too is in talks with the Shiv Sena.
11:40 am: Haryana Chief Minister Bhupinder Singh Hooda has won from the Garhi-Sampla-Kiloi seat even as his party, the Congress, has lost in the state.11:26 am: The Congress has conceded defeat in Haryana and says that the BJP has done well in the state. However, it denies any Modi wave in Maharashtra. "Haryana is something we have to look at as BJP has won remarkably. The NCP break with us proved expensive for us in Maharshtra but the margin from our previous vote share is not huge," says Congress leader Abhishek Manu Singhvi.
11:15 am: Geeta Bhukkal of the Congress has won from the Jhajjar seat in Haryana.10:47 am: The BJP is hopeful of forming the government in Maharashtra with the Shiv Sena. "We had both functional and emotional bond with Shiv Sena. No one in BJP was happy with what was happening but Shiv Sena was not realising the ground realities," says BJP leader Sudhanshu Trivedi. The Shiv Sena has given the first indications of reaching out to BJP. Sena MP Anil Desai tells CNN-IBN that the war was restricted to electoral battle and is over now.
10:35 am: Ambala Cantt incumbent MLA Anil Viz has won yet again, beating Congress's Nirmal Singh by 15462 votes. Vij is also one of the contenders for the Chief Minister's post.10:22 am: The Congress's performance has been dismal in both Haryana and Maharashtra. "There may be a Modi wave but that Modi wave has declined since the Lok Sabha elections," says Congress leader Rajeev Shukla. 10:07 am: Sources in the BJP say that channels of communication with the Shiv Sena are open to form a government in Maharashtra, but they are waiting for a final picture to emerge. Maharashtra BJP President Devendra Fadnavis and other senior leaders Vinod Tawde and Om Mathur are meeting at the BJP office.
10:00 am: Even as the Congress is losing in Haryana, Chief Minister Bhupinder Singh Hooda is leading in his seat.9:52 am: The BJP says that the Shiv Sena is not its political rival. "We have always said that the Shiv Sena is not our opponent," BJP leader Devendra Fadnavis says. Even as the numbers show that the BJP may be falling short of majority, the party is not losing hope.
9:30 am: While the BJP is moving towards forming the government on its own in Haryana, it is falling short of majority in Maharashtra and is leading in 120 seats with trends for just 2 out of 288 seats remaining. The Shiv Sena is acting tough as the BJP reaches out to it for an alliance. "We will not compromise on our agendas. Uddhav Thackeray will take the final call," says Sena leader Sanjay Raut.
9:21 am: The BJP is now leading in 45 seats, which is the half-way mark in Haryana. However, in Maharashtra, it may find it difficult to reach the half-way mark and is leading in 98 seats.9:13 am: Even as the BJP is way ahead in Maharashtra and is leading in 89 seats, it may be falling short of the half-way mark. It is not ruling out an alliance with the Shiv Sena in such a scenario, but the party says it is confident of getting majority. In Haryana, the BJP is inching closer to the half-way mark of 45 and is leading in 36 seats.
9:04 am: In Maharashtra now, the BJP is leading in 80 seats while the Shiv Sena is leading in 42 seats. The Congress and the NCP are leading in 24 and 26 seats respectively. In Haryana too, the BJP has moved ahead in 34 seats. The Congress and INLD are fighting it out for the second spot and are leading in 13 and 11 seats respectively.
8:54 am: External Affairs Minister Sushma Swaraj's sister Vandana Sharma is leading. Meanwhile, there are celebrations at the BJP headquarters with the party leading in 74 seats in Maharashtra and 24 seats in Haryana.
8:49 am: The BJP is now leading in 60 seats in Maharashtra. The state's former home minister RR Patil is trailing. In Haryana, the BJP is leading in 19 seats, the INLD and Congress are second, leading in 9 seats each. In the Ambala Cantt seat, the incumbent BJP MLA Anil Viz is leading.
8:43 am: The BJP is way ahead in Maharashtra and is leading in 36 seats. The NCP, meanwhile, is not ruling out an alliance with the Shiv Sena. In Haryana, the BJP is leading in 16 seats.
8:37 am: The BJP is now leading in 33 seats in Maharashtra including Mumbai. The Congress, Shiv Sena and NCP are far behind and are leading in 6, 9 and 2 seats respectively. In Haryana, It is still a close contest even as the BJP is leading 6 seats. The Congress, INLD and HJC are leading in 4, 2 and 1 seats respectively.
8:29 am: It seems like a huge lap now as the BJP is leading in 20 seats in Maharashtra. The Congress and the Shiv Sena are neck and neck leading in 6 and 7 seats respectively. In Haryana, it is a close contest. The BJP, Congress, HJC are leading in 1 seat each.
8:26 am: The BJP is leading in 10 seats in Maharashtra with the Shiv Sena being a second, leading in five seats. The Congress has opened its account in Vidarbha and is leading in 1 seat.
8:21 am: The Shiv Sena too is now leading in 3 seats in Maharashtra according to the latest trends. The BJP is leading in 8 seats here. The BJP Parliamentary Board is likely to meet at 6 pm today.
8:16 am: The BJP has got early leads in both Maharashtra and Haryana. In Maharashtra, the BJP is leading in four seats while the NCP is leading in one. In Haryana, the BJP is leading in 3 seats while the INLD is leading in one.
8:00 am: The counting of votes for the Maharashtra and Haryana Assembly elections has begun. Counting is taking place at 269 places; in Haryana, it is being carried out at 57 places.
The results will not only decide the winner in the two states but will also have far reaching implications for the political fortunes of several leaders some of whom stare at a bleak future after being convicted and jailed in corruption cases.
Both the 90-member Haryana Assembly and 288-member Maharashtra Assembly, the voting for which took place on October 15, are witnessing a close contest between all the main political parties. Apart from the regional politics these states witnessed in the past decades, there is this undeniable 'Modi factor' which too is facing the litmus test in the first Assembly polls after elections to the 16th Lok Sabha.
While in Haryana, the 'scam tainted' Congress is trying hard to retain power, opposition Indian National Lok Dal is making sure that it storms its way to Chandigarh after a decade of Hooda rule. The Chautalas are pulling out all their cards to come back to power. The court's orders to send back INLD chief OP Chautala to jail is likely to generate sympathy votes for the party. Amidst these traditional players of Haryana is the Bharatiya Janata Party which is looking to cash in on its Lok Sabha performance riding on Modi's popularity.
The political scene gets even hotter in Maharashtra where former allies are competing against each other to prove their mettle as individual players. The end of Shiv Sena-BJP and Congress-NCP ties has resulted in four-legged battle in Maharashtra. While the Congress and NCP are braving anti-incumbency factor, former allies Shiv Sena and BJP contesting alone can make a dent in their respective poll prospects.There are celebrations at the BJP headquarters with the party leading in Maharashtra and Haryana.
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