New Delhi, Nov. 19 -- Indian equities are poised to scale new highs after months of subdued returns, as soft inflation, high economic growth, and US president Donald Trump potentially easing up on tariffs could spark foreign fund inflows, Vikash Kumar Jain, India strategist & head of India research at CLSA, said.

Indian equities could reclaim their life-high in 2025, and the market still has room to comfortably chug along in 2026, Jain told Mint in an interview. The benchmark Nifty50 index is just 1% shy of touching its 26 September record closing high of 26,216.05 points.

India faced several challenges over the past six months. The Trump administration imposed a punitive 50% tariff on Indian goods to wean it off Russian oil, potentiall...