Mumbai, May 7 -- Stock Exchange Ltd's (NSE) CEO Ashishkumar Chauhan said on Wednesday that the market share loss to smaller rival BSE Ltd has likely reached its limit and that further losses are unlikely unless new regulations specifically targeting the exchange are introduced.

"The market share loss has pretty much run its course now, given that everything that had to happen has happened, hopefully," Chauhan said during an investor call discussing the bourse's Q4 earnings. "Unless new measures are introduced that specifically target only NSE, we believe this is pretty much what has been seen as the market share (loss)."

Chauhan was referring to regulatory changes implemented in October under then Securities and Exchange Board of India ...