By Bharath Rajeswaran (Reuters) -Indian shares advanced on Monday after logging their best session since early June on Friday, as the ruling alliance's victory in the Maharashtra state election over the weekend boosted sentiment.

Prime Minister Narendra Modi’s Hindu nationalist party headed for a victory Saturday in state elections in politically significant Maharashtra while the opposition won mineral-rich Jharkhand state. Polling in the two states are seen as a test of Modi's popularity after his party returned to power in June national elections but was

Indian indices extended gains on Monday after Prime Minister Modi's party and his allies secured victory in the state of Maharashtra. The BJP's win provided some relief to the market, as the election outcome ended political instability in the Indian state.