New Delhi: The year began on a positive note with the India Art Fair (IAF) garnering good response from national and international buyers. Then came a gloomy period of the rupee weakening against dollar. What followed was a cracker: Christie`s India debut at which Vasudeo S. Gaitonde`s 1979`s painting fetched Rs.23.7 crore ($4 million), indicating renewed optimism in the Indian art market.
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