Assam CM Himanta Biswa Sarma mocked Congress leader Rahul Gandhi over his stock market “scam” claims. Sarma highlighted the Sensex's record high after a recent crash. On social media, he sarcastically suggested a Joint Parliamentary Committee probe into the market surge. Gandhi had accused PM Modi, Amit Shah, and Nirmala Sitharaman of a stock market scam, alleging a loss of ₹31 lakh crore. BJP leaders dismissed Gandhi’s claims, attributing them to Congress's election loss frustration. BJP MP Piyush Goyal emphasized India's economic growth and stock market achievements under Modi’s government.

JD(U) leaders have asked Nitish Kumar to finalize the party’s leadership in Parliament after a meeting at his residence. Kumar will discuss ministries and government formation with BJP and allies at the NDA meeting. JD(U) MP Alok Kumar Suman confirmed the unanimous decision for Kumar to choose the party leader and support the NDA. JD(U)’s 12 MPs and TDP’s 16 MPs are crucial for BJP, which fell short of the 272 majority mark with only 240 seats. Kumar aims to secure more ministerial berths and early assembly polls, capitalizing on JD(U) and NDA’s strong performance in Bihar.

Amid the NDA's poor performance in Maharashtra, Deputy Chief Minister Devendra Fadnavis offered to resign, but Home Minister Amit Shah urged him to remain in office. Despite the BJP-led coalition securing only 17 of the state's 48 seats, down from 41 in 2019, Shah emphasized that Fadnavis's resignation could harm BJP worker morale. Shah requested Fadnavis to continue his work and devise a strategy to strengthen the BJP ahead of the upcoming state assembly elections. The discussions will resume after Narendra Modi’s swearing-in as Prime Minister on June 9.

In Gudiwada, Andhra Pradesh, following the Telugu Desam Party's (TDP) election triumph, supporters attacked the residence of YSR Congress Party (YSRCP) former minister Kodali Nani, pelting stones and eggs. Similar violence erupted at the home of former MLA Vallabhaneni Vamshi in Vijayawada, with vehicles vandalized. No injuries were reported, and police intervened to disperse the crowds. Meanwhile, TDP leader Chandrababu Naidu visited BJP President J.P. Nadda in Delhi. The attacks highlight post-election tensions between rival political factions in Andhra Pradesh.

Telugu Desam Party leader K Raghu Rama Krishna Raju announced that TDP chief Chandrababu Naidu will be sworn in as Andhra Pradesh Chief Minister on June 12 at 4:55 pm. Naidu expressed gratitude towards Prime Minister Narendra Modi for appreciating TDP leaders and stressed the importance of Centre's support. He praised Modi's leadership, endorsing him as the "right leader at the right time" for India. Naidu proposed Modi's name for Prime Minister, citing his vision of inclusive development. Naidu invoked late NT Rama Rao's humanistic vision while advocating for Modi's leadership.

Election strategist Prashant Kishor acknowledged his incorrect prediction for the 2024 Lok Sabha elections, admitting a significant miss in his seat projections. Kishor, who forecasted the BJP’s seat tally to be near or surpass 303, expressed his readiness to "eat the humble pie" after the BJP secured only 240 seats. The BJP-led NDA, which won 293 seats overall, now relies on allies like TDP and JD(U) for a majority. Kishor, who helped strategize the BJP's 2014 victory, stated he would no longer predict seat counts in future elections, noting a 20% deviation from his estimates.

The wealth of Chandrababu Naidu’s wife, Nara Bhuvaneshwari, has surged by ₹535 crore over the past five days following the TDP’s strong showing in the recent Lok Sabha and Andhra assembly elections. Shares of Heritage Foods, a company founded by Naidu and where Bhuvaneshwari is a major stakeholder, rose from ₹424 to ₹661.25. This 55% increase also boosted the net worth of Naidu’s son, Nara Lokesh, by ₹237 crore. Heritage Foods, which operates in the dairy and renewable energy sectors, saw its stock soar after the TDP secured 16 seats in the Lok Sabha, contributing to the NDA’s election victory.              

President Droupadi Murmu has officially appointed Narendra Modi as the Prime Minister-designate after he was elected leader of the NDA Parliamentary Party. During a ceremony at Rashtrapati Bhavan on Friday, she fed him 'dahi-cheeni,' an auspicious Indian tradition symbolizing good fortune. Modi is set to be sworn in for his third consecutive term on Sunday, following the NDA's victory in the recent Lok Sabha elections. Modi expressed gratitude and affirmed his commitment to fulfilling the nation's aspirations. Details of the oath-taking ceremony and the composition of the new Council of Ministers will be finalized shortly.

As discussions for the Union Council of Ministers commence, sources reveal that BJP aims to retain control over the Home, External Affairs, Defence, and Finance ministries. In talks led by senior BJP leaders, alliances with key partners like JD-U and TDP are being solidified. TDP, with its significant 16 seats, is poised to secure three ministerial positions, while JD-U, with 12 seats, is eyeing ministries like Railways and Agriculture. Other allies, including Shiv Sena and LJP, are also expected to receive cabinet posts or Minister of State positions. Final arrangements are anticipated before the swearing-in on Sunday.

President Droupadi Murmu has invited Narendra Modi to form the new government. Modi, the leader of the NDA Parliamentary Party, will be sworn in as Prime Minister for the third time on June 9 at 6 pm. The NDA, with 293 MPs, elected Modi as their leader today. After meeting the President at Rashtrapati Bhavan, Modi confirmed receiving the appointment letter and discussed the swearing-in ceremony and cabinet list. Key NDA leaders, including Chandrababu Naidu, Nitish Kumar, and Eknath Shinde, supported Modi's leadership. The list of supporting MPs was submitted to the President.