HDFC Life, Infosys and Titan among 11 stock buy ideas by BofA for up to 42% gains

Global brokerage BofA Securities is bullish on Nifty and it has turned attractive for investment considering reasons cited by the brokerage as below:

• Not overvalued: Currently Nifty us trading at its historical average valuation (such as P/E ratio) or at long-term average.
• Earnings growth estimates conservative: The expected earnings growth used for valuation is cautious or lower than what most analysts (the "street") are forecasting.

Considering these, the outlook on Nifty has turned positive for the global brokerage and it sees a potential buying opportunity. Likewise, it has pegged Nifty's December 2025 target at 25,000, meaning a potential gain of nearly 12 per cent from the previous close.

Add Zee Business as a Preferred Source

Furthermore, considering potential gains on the Nifty, the brokerage has listed 11 stock buy ideas from within the bluechip Nifty50 index:

Here are the stock buy ideas from the Nifty50 pack together with the upside potential

HDFC Life - Price target- Rs 875, Potential gains -42 per cent

M&M- Price target- Rs 3,650, Potential gains -40 per cent

Bharti Airtel -Price target- Rs 2085, Potential upside: 31 per cent

L&T – Price target- Rs 4150, Potential upside: 30 per cent

Titan– Price target- Rs3980, Potential upside: 29 per cent

Axis Bank– Price target- Rs1300, Potential upside: 29 per cent

Shriram Finance– Price target- Rs 780, Potential upside: 26 per cent

Infosys– Price target- Rs 2150, Potential upside: 26 per cent

ICICI Bank– Price target-Rs 1500, Potential upside: 24 per cent

Divi's Laboratories - Price target- Rs 6850, Potential upside: 24 per cent

Bajaj Finance: Price target-Rs 9350, Potential upside: 9 per cent