Murthy, other Infosys founders selling their stake? Shares dip 4% on buzz

Infosys denied plans of stake sale; Murthy and rest of the founders have 12.75% stake in the company

Shares of Information technology (IT) services major Infosys dropped four per cent on Friday when trading opened on the Bombay Stock Exchange (BSE) after reports of its founders, led by N R Narayana Murthy, planning to sell their stake in the company that they founded emerged.

Murthy and the rest of the founders have 12.75 per cent stake in the company, still categorised as promoters in Infosys, which is facing turbulence due to the differences in the functioning of the company between the founders and the management. 

The Times of India reported on Friday citing unnamed sources that the founders