Concept:
Mural paintings are wall paintings made on caves, temples, and other architectural surfaces. Indian mural tradition developed from early Buddhist caves to later temple paintings.
Step 1: Identify the earliest site.
Ajanta is one of the earliest and most famous mural painting sites.
So, the first is:
\[
B = \text{Ajanta}
\]
Step 2: Place Bagh.
Bagh murals belong to a later ancient phase and are stylistically related to the Ajanta tradition.
So, the second is:
\[
C = \text{Bagh}
\]
Step 3: Place Ellora.
Ellora mural tradition comes after Ajanta and Bagh.
So, the third is:
\[
A = \text{Ellora}
\]
Step 4: Place Thanjavur.
Thanjavur murals belong to the Chola and later temple tradition.
So, the fourth is:
\[
D = \text{Thanjavur}
\]
Step 5: Place Lepakshi.
Lepakshi paintings belong to the Vijayanagara period and are later.
So, the last is:
\[
E = \text{Lepakshi}
\]
Thus, the correct sequence is:
\[
B \rightarrow C \rightarrow A \rightarrow D \rightarrow E
\]
Hence, the correct answer is:
\[
\boxed{\text{(D) B, C, A, D, E}}
\]