Shares of Bharti Infratel fell after reports said Bharti Airtel's subsidiary Nettle Infrastructure sold Infratel stake worth Rs 3,325 crore .

Bharti Infratel shares were trading down 3.10 per cent or Rs 12.75 at Rs 398.35 on the BSE at about 12.30 pm. The shares had fallen as much as 4.1 per cent to Rs 398.35 in early trade.

Nettle Infrastructure Investments Ltd sold 83 million shares in Bharti Infratel at Rs 400.6 each in stock market transactions, a discount of 3.6 per cent to Monday's closing price of Rs 415.50.

Data showed 69.7 million shares changed hands in three block deals on the National Stock Exchange in early trade.

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