Narendra Modi has won from both Varanasi and Vaodara.
The BJP and its allies will form the next government under Narendra Modi, who is headed to the Prime Minister's residence at 7 Race Course Road, Delhi. They now have a runaway lead with 328 seats and do not need any support to run a stable government. The Congress has been wiped out and has admitted defeat.
Here are the 10 latest developments in this story:
"India has won! भारतकीविजय।अच्छेदिनआनेवालेहैं।," Narendra Modi, the BJP's prime ministerial candidate, tweeted soon after it became clear that he has won both in Vadodara and Varanasi. He later visited his mother to seek her blessings.
The 34-year-old BJP can form government on its own. It is leading in 276 seats, four more than the majority mark of 272. (India Decides 2014: Track Live Results Here)
The Congress' 2014 story will be told in double digits, its worst performance ever. "We failed to communicate our successes. Only our failures were communicated. Will look into what went wrong," said party spokesperson Satyavrat Chaturvedi. (Congress Concedes Weak Campaign, Failed Media Strategy)
The markets are cheering the Modi win. The Sensex opened 800 points up and zoomed to a record 25,000. (Sensex up 1,400 Points Above 25,000 as NDA Leads in Over 300 Seats)
Congress vice president Rahul Gandhi is now leading in Amethi, but by a very small margin. Ajit Singh of the Rashtriya Lok Dal, a western Uttar Pradesh strongman and Congress ally has lost in his constituency Baghpat. (Election Results 2014: Rashtriya Lok Dal chief Ajit Singh Loses in Baghpat)
In crucial Uttar Pradesh, the BJP is leading in 59 seats. It had won 10 seats in 2009. The Congress, the Samajwadi Party and the BSP are struggling. (Election Results 2014: Early Trends Show BJP Ahead in 69 Seats in Uttar Pradesh)
In Seemandhra, Chandrababu Naidu's canny alliance with the BJP has paid off. The combine is leading in 18 seats. Jagan Mohan Reddy's YSR Congress is now trailing; the ruling Congress is wiped out. The TDP is ahead of the Congress even in Telangana, where the TRS is holding sway. (Chandrababu Naidu Set to be Seemandhra Chief Minister)
In Tamil Nadu, J Jayalalithaa's magnificent performance will make her AIADMK the third largest party in the Lok Sabha, but "good friend" Narendra Modi does not need her help at the Centre. (Election Results 2014: Jayalalithaa Has a Whopping 34 Seats That Narendra Modi may Not Need)
In Karnataka, the BJP is leading. In Maharashtra, the BJP and Shiv Sena are set to win 36 of 48 seats. In Bengal, Mamata Banerjee is giving Jayalalithaa a tough fight for the position of number 3 in parliament. (NDTV Exit Poll: Modi Wave Helps BJP Make a Recovery in Karnataka)
Narendra Modi's Gujarat, which hopes to give the country its next Prime Minister, looks set for a BJP sweep. As does BJP-ruled Madhya Pradesh. In Delhi, the party is sweeping all seven seats. (Across Varanasi, Posters Congratulate Narendra Modi)
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