Stocks to buy today: Bernstein sees over 30% upside in HDFC Bank; Nuvama upgrades SBI Cards to buy

Nuvama, BofA, and Bernstein have provided positive outlooks for SBI Cards, Bajaj Finance, and HDFC Bank, respectively. Nuvama upgraded SBI Cards to ‘Buy’ citing improving credit costs, while BofA maintained a ‘Buy’ rating for Bajaj Finance due to strong AUM growth. Bernstein reaffirmed its ‘Outperform’ rating on HDFC Bank, highlighting solid deposit growth and loan normalization.