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Beyond modern masters: Indian art is being reshaped by confident domestic buyers as auction market triples
Indian markets moved higher.
21 Sept 2026 · LiveMint Companies
From ₹700 crore in 2020 to more than ₹2,400 crore in 2025, India's art auction market has tripled, widening its buyer demographics. Increased access to information has empowered collectors, while emerging private museums support a vibrant, growing ecosystem of artists and cultural institutions.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.