New Delhi, Jan. 30 -- Stocks to buy or sell under Rs.100: After showing weakness from the highs on Tuesday, the Indian stock market witnessed an excellent upside bounce and closed higher on Wednesday. The Nifty 50 index gained 205 points and closed at the 23,163 mark; the BSE Sensex ended 631 points higher at 76,532, whereas the Bank Nifty index finished 299 points up at 49,165. In the broad market, the BSE Small-cap index skyrocketed 3.28 per cent while the BSE Mid-cap index gained 2.54 per cent.

Speaking on the outlook for the Indian stock market today, Motilal Oswal's report says, "FIIs Long Short Ratio is now at around 20%, which is near the lower part of the range, but selling from FIIs in Cash market is the real cause of concern to...