kolkata artists who have been rising steadily on the price front over time appear to be maintaining their levels or even climbing despite the changed scenario in the art market while almost all artists witnessed a huge jump in between during the boom period a group of artists did not balloon out of proportion these labels are appreciated in the longer runduring the price spiral in the interim phase the valuations of artworks of most artists had shot up this was the time when the progressives grew by 10 times or more and indian modern art was made after the spurt prices stabilised with a slow appreciation seen at the higher points this was not a universal phenomenon many artists who were aggressively promoted earlier were seen to be failing to sustain their price brackets an art market source told etbut artists who had not proactively looked for higher tags for their works are successful in protecting their prices and adding to their valueat the same time a fresh development materialised the contemporary art scene burst open and quite a few of these artists scaled hefty price levels which have held ground till now this has probably been helped by sustained buyers demand for this brand of artists both in the domestic and international marketsthe art market worldwide is propped up by dealers who inject commerce in the whole business and keep the market going in india the presence of the dealer component is comparatively new artists are of the view that a highclass work will achieve the deserved price tag but this may not happen in reality in the absence of a leading gallery backing the artist with the slowdown the market at the moment is somewhat fluid people are slightly unsure about the artists where to funds can be parked the source said