Modernist VS Gaitonde’s untitled oil on canvas that emerged as the highest selling lot, going for Rs 15,63,25,000

The much-awaited Christie’s fourth India sale of 144 lots came to a close last evening with an untitled oil on canvas by modernist VS Gaitonde emerging as the highest selling lot. It went under the hammer for Rs 15,63,25,000 (all prices including buyer’s premium). Another Gaitonde work was the second selling lot of the evening at Rs 11,43,25,000. Both beat the highlight lot of the sale, Tyeb Mehta’s untitled oil on canvas, which also featured as the catalogue cover. It was the third highest selling lot of the evening at Rs 10,23,25,000.