Ticker Talk

Shares of Videsh Sanchar Nigam Ltd., India’s monopoly international phone service provider and also the country’s largest Internet service provider, closed at $11.13 on their first day of trading on the New York Stock Exchange. Ticker symbol: VSL. . . .

Investors’ margin debt--money borrowed from NYSE member brokerages to buy stocks--eased slightly in July, down 0.9% to $244.2 billion, the Big Board said. Given the rebound in the market in July, the decline in margin loans suggested that speculators weren’t going all out to bet on stocks.