Indian art paints a pretty picture

Indian art is having its moment in the sun. British auction house Christie's said while announcing its year-end results, that in an auction this September in New York, it sold 96% of all lots for the modern and contemporary south Asian art and 60% of its buyers were from India. It also had a white-glove sale in March which was dominated by Indian artists.

- Varuni Khosla

The auction house broke multiple records for artists including Zarina Hashmi and Ranjani Shettar.

It is now seeing high activity out of India even though it has not had a sale here in some years. It does though, have a permanent presence in India.