Ms Mufti said that while she was happy the PDP had become the single largest party in the 87-member assembly, winning 28 seats, the outcome was not up to her expectations.
"It is not a decisive mandate. It is not even according to our expectations. We could not get the kind of result we had expected," she told media personnel.
She said the PDP was in no hurry to form a government and refused to say if her party would prefer to go with the Bharatiya Janata Party, the second largest party in the assembly, or the Congress, a former ally.
Ms Mufti, however, underlined that the Kashmir verdict was "a vote against both the NC (National Conference) and the Congress".
"The priority is not to cobble (up) any government. We will explore the possibilities... The government should have credibility. It should be able to deliver. We are in the process of exploring the possibilities. We will do our best for the people of Jammu and Kashmir," she said.
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