Infosys, India's second largest software exporter, witnessed a fall in share price on Friday after a newspaper reported the company's founders were planning to sell their stakes, citing people familiar with the development.

Infosys co-founders are exploring a sale of their entire 12.75 per cent stake, worth about Rs 280 billion, in the software services exporter, the media reported.

Shares of Infosys  are trading at Rs 936.55, down Rs 19.75, or 2.07%  at the Bombay Stock Exchange (BSE) on Friday at 10:39 a.m.

The scrip has touched an intra-day high of Rs 943.20 and low of Rs 923.05. The total volume of shares traded at the BSE is 782,887.

Total volume of shares traded on the bourses today was higher by 35.41% to 4,600,860 compared with 22-day average volume of 3,397,672.