Contemporary Indian art

Long considered as just one of the emerging movements in the BRIC countries (Brazil, Russia, India and China), Indian Contemporary art has managed to carve out a distinct place in the global art market with its own independent identity.

Contemporary Indian artists

Every Friday fortnight Artprice posts a theme-based auction ranking. This week, the ten best auction results in 2010 for works by Contemporary Indian artists.

Anish Kapoor – the experience of vision

The Indian artist Anish Kapoor is the next artist selected for the Monumenta exhibition in Paris (11 May to 23 June).

Top 10: Women Power!

Every fortnight Artprice posts a theme-based auction ranking. This week, the focus is on women artists. The ten best auction results in 2010 for works by Contemporary female artists.

Contemporary Art sales in February: a bold selection with records expected

The big Contemporary Art sales begin just a few days after the Impressionist & Modern Art sales in London.

Contemporary African art - mixed auction results

In 2010, contemporary African art has been the theme of numerous sales. However, despite new records for certain African artists, the high unsold rates made for only partially successful results.

Top 10 auction results of Turner Prize winners

Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series. The theme of today's TOP article is the Top 10 auction results generated by Turner Prize winners.

Christie’s and Sotheby’s anticipate price increases

For their Contemporary Art sales on 11 and 12 May 2010, Christie’s and Sotheby’s are betting on high prices for masterpieces signed Warhol, Klein and Rothko. But above all, the catalogues contain a number of major works that the crisis has withheld from the market.

Indian contemporary art : the podium

In the 1990s there was virtually no secondary art market in India. Between 2000 and 2008, the price index of Contemporary Art multiplied by seven! While Anish KAPOOR and Subodh GUPTA are among the world’s fifteen top-selling Contemporary artists with auction revenues of €11.2m and €10.7m respectively, the third top-selling Indian artist, TV SANTOSH , had a revenue total only one tenth of his peers’ (€1.2m).

Results of the Contemporary art sales: seriously off the boil

A week of sales in London Sotheby’s, Christie’s, and Phillips de Pury & Co tested the resilience of the contemporary art market which has been the most speculative and volatile compartment of the market over the last few years.

New markets and the crisis

The most speculative and volatile markets over the last four years, emerging art markets have propelled a number of Chinese, Indian, Russian and Middle-Eastern contemporary artists into the global limelight with extraordinary speed. But with so many young artists fetching such big figures at auctions, some kind of meltdown was inevitable.

India, the new Himalaya of the market?

Behind China, the other significant emerging force on the international art market is India. In the mid 1990s, India's strong economic growth produced a new generation of patrons and sponsors willing to invest in the art of their fellow-countrymen. Today, the demand is global and fast-growing, substantially fuelled by the speculative incentive to earn attractive gains on quick turnarounds. The works produced by the new stars of Indian art are exchanged in auction houses in Hong-Kong and Dubai, London and New-York, New Delhi and Paris. After China, India looks like a new Eldorado for collectors / buyers attracted to the speculative potential.

Contemporary sculpture in excellent shape

In the contemporary art field, sculpture, and particularly the offshoot known as 'installations', is currently enjoying a high level of market interest. At the top end, collectors are now paying tens of millions of dollars for monumental works by the likes of Koons, Hirst and Murakami. Artprice takes a look at this high profile segment of the market occupied by young artists, all born after 1945.
In less than a year, the number of 7-figure (sometimes 8 ...) auction sales involving three dimensional works has substantially increased. In 2007, 14 works sold for over a million dollars; in the first six months of 2008, we are already at 18...

London - European auction capital

Traditionally in February, it is London that kicks off the season of European public auctions with major sales organised by Sotheby’s and Christie’s.

Contemporary art market: results from the spring/summer season of 2006

This month the European art market will gyrate to the rhythm of the contemporary art fairs, with the Frieze Art Fair starting 12 October in London and then the Paris FIAC on 26 October and Art Cologne on 1 November. At the same time, the auction houses will capitalise on these events by organising major concurrent sales of contemporary art.
Before the fall season begins, Artprice here provides a brief overview of the ebullient contemporary art market so far this year.

Boom in contemporary art auctions

The evening auctions of contemporary art at Christie’s and Sotheby’s in London on 23 and 24 June 2004 echoed last month’s good results in New York. Both auction houses raked in near to GBP 14.1 million, with more than 90% of lots sold at each session.