Taken the PCAP traces by mirroring the port 2/6 with port 3/15 with the help of following commands.
diag mirror-by-port 1 create in-port 2/2 or 2/6 out-port 3/15
diag mirror-by-port 1 mode both
We noticed on port 2/6 the maximum number of broadcasts were coming from 10.237.0.0 subnet. This was further isolated to a few servers which were newly added to the existing network , causing the broadcasts. Once these servers were isolated from the network everything worked fine.Also as best practice "rate-limit" should be configured on the edge device to prevent excessive Broadcast/Multicast packets from hitting the core switch(in this case, the ERS 8600)
Another feature known as Auto-recovery can be used.When a port is shutdown by CP-limit , you can use auto-recovery to automatically bring the port up after a pre configured delay.
Syntax: config ethernet auto-recover-port enable
config ethernet auto-recover-delay