tam - upon him (Bali Mahārāja); brāhmaṇāḥ - all the brāhmaṇas; bhṛgavaḥ - the descendants of Bhṛgu Muni; prīyamāṇāḥ - being very pleased; ayājayan - engaged him in performing a sacrifice; viśvajitā - known as Viśvajit; tri-nākam - the heavenly planets; jigīṣamāṇam - desiring to conquer; vidhinā - according to regulative principles; abhiṣicya - after purifying; mahā-abhiṣekeṇa - by bathing him in a great abhiṣeka ceremony; mahā-anubhāvāḥ - the exalted brāhmaṇas.

The brāhmaṇa descendants of Bhṛgu Muni were very pleased with Bali Mahārāja, who desired to conquer the kingdom of Indra. Therefore, after purifying him and properly bathing him according to regulative principles, they engaged him in performing the yajña known as Viśvajit.