The prime minister will meet his cabinet for the final time and thank the ministers.
The Congress campaign was lackadaisical in the run up to the elections till party president Sonia Gandhi and vice-president Rahul Gandhi arrived on the scene and attempted to pep up the cadres.
The BJP-Shiv Sena astounded analysts and pollsters by winning 42 of the 48 seats in Maharashtra, which sends the second-largest contingent of MPs to parliament after Uttar Pradesh (at 80). The BJP has won 23 seats.
Lok Sabha election results showed his party was headed for a comfortable majority.
10 economic reform challenges that would require urgent attention once Modi forms a new government:
Modi will be hold thanksgiving meetings in Vadodara, Ahmedabad and Gandhinagar.
He says the defeat of AAP leader Arvind Kejriwal in Varanasi and Kumar Vishwas in Amethi was disappointing.
The partially convertible rupee strengthened by 68 paise to 58.61 against a dollar in early trade at the Interbank Foreign Exchange Markets here.
The TDP-BJP combine is also doing well in the Lok Sabha elections having established lead in 12 of the 25 LS seats with the YSRC placed second with lead in seven LS seats.
Shashi Tharoor and Mullappally Ramachandran are trailing in Trivandrum and Vatakara respectively. The lead of BJP candidate O Rajagopal has crossed 10, 000 votes at Trivandrum.