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Looking back to look ahead

ART Gallerists say 2009 will mark a transition in the way collectors hedge their choices The aborted Osian’s auction — it was scheduled to be held at the Taj Mahal Hotel in Mumbai on November 27 — would have been a pointer to a major trend in 2009: The emergence for collectors of traditional and folk art forms. For decades now, even National Award winning master artists have languished, while prices for contemporary art have spiraled — unfairly, according to some art impresarios. This widening divide would have gained some recognition at the auction, but already ...