The Bombay Stock exchange (BSE) saw a massive technical software failure which led to voilation of the circuit filter rules. The error made the system not to place any restrictions on the stock movements. No cicuit filter worked and stock moved freely . This allowed many mid-cap and small-cap stock, as many as 100, to over their cirucit range . Ahluwalia constructions which had and upper circuit limit of 91.2 made an intraday high of 102.8. Althoug it is being beleived to be a technical snag but it might be done intentionally to manipulate penny stocks by a group of operators.
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