Narendra Modi greets supporters as he leaves the residence of his mother in Gandhinagar, Gujarat.
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 339 seats and do not need any support to run a stable government.
Here are the 10 latest developments in this story:
"India has won! This is India's victory. Good days will soon be here," Narendra Modi, the BJP's prime ministerial candidate, tweeted. His party alone is on its way to winning 285 seats, comfortably above the halfway mark. (India Decides 2014: Track Live Results Here)
Mr Modi has won both the seats he contested - Varanasi and Vadodara. He sought blessings from his mother Hiraben, 95, a short while ago and then also posted a selfie saying, "Sought blessings from my Mother."(Election Results 2014: Armed with Massive Victory, Narendra Modi Meets His Mother)
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 cheered the Modi win. The Sensex opened 800 points up and zoomed to a record 25,000. It is trading 650 points up. (Sensex up 1,400 Points Above 25,000 as NDA Leads in Over 300 Seats)
In Uttar Pradesh, the BJP is set to win 70 seats. It had won 10 seats in 2009. The Congress, the Samajwadi Party and the BSP are struggling in single digits. (Election Results 2014: In BJP's UP Sweep, a Big Sign for India)
In nine other states the BJP has won all seats including Delhi's seven and Haryana's seven. Narendra Modi's Gujarat, which will give the country its next Prime Minister, is handing all 26 seats to the BJP.
In Tamil Nadu, J Jayalalithaa's magnificent performance will make her AIADMK the third largest party in the Lok Sabha with 36 of the state's 39 seats, but "good friend" Narendra Modi does not need her help after all.
In Seemandhra, Chandrababu Naidu's canny alliance with the BJP has paid off. The combine is leading in 16 seats. Jagan Mohan Reddy's YSR Congress is ahead in nine; the ruling Congress is wiped out. In Telangana, the TRS or Telangana Rashtra Samithi is holding sway.
In Karnataka, the BJP is ahead. 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 with 32 seats. (Election Results 2014: BJP-Sena Combine Leading in 30 Seats in Maharashtra)
Aam Aadmi Party chief Arvind Kejriwal placed second in his first parliamentary election in Varanasi, losing to Mr Modi. His party won a lone seat in Punjab. (Election Results 2014: Single Seat for AAP, But Not A Complete Loss)
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