However, no settlement will take place that day because of banking holiday declared by the Reserve Bank of India as also trading in currency and debt markets will remain closed.
The stock exchanges -- BSE, NSE and Metropolitan Stock Exchange of India (MSEI) -- have informed about the decision to Securities and Exchange Board of India (Sebi).
"Members are requested to note that there shall be no settlement on February 21, 2017 on account of Municipal Corporation Elections," NSE said in a circular.
In a move to increase voter turnout, Maharashtra government has declared a holiday for its employees on polling day.
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