As soon as Bukhari stepped out of his office and boarded his vehicle at Press Enclave at around 7 pm to head home, unknown gunmen fired indiscriminately on the vehcle.
Witnesses said Bukhari died on the spot while the assailants fled immediately after the attack.
One of his guards was also killed in the attack and another is critically injured, police told the BBC.
Terrorism, she said, has hit a new low with Bukhari's killing, "that too on the eve of Eid". His security guard died in the hospital, while another is in critical condition.
BJP's Ram Madhav said, "Shocked to hear about d attack on d Editor-in-Chief of Rising Kashmir Shujaat Bukhari in Srinagar".
Waseem Ahmad, a local journalist, told Reuters that he heard gunfire ringing out and, reaching the location, found Bukhari and his two guards lying in a pool of blood in their vehicle.
"It is also why I will be urging the UN Human Rights Council to consider establishing a commission of inquiry to conduct a comprehensive independent worldwide investigation into allegations of human rights violations in Kashmir", said Zeid. Political parties and journalists condemned the killing. It's not clear, who attacked the journalist, but the development has sent shock waves in the media fraternity across India. "My deepest condolences to his family", Chief Minister Mehbooba Mufti tweeted.
Bukhari had been a strong advocate of peace in disputed Kashmir, at the heart of decades of hostility between India and Pakistan, both of which claim the Muslim majority region.
Bukhari was instrumental in organising several conferences for peace in the Kashmir Valley.
India has about 500,000 soldiers in the part of Kashmir it controls, where armed groups are fighting for independence or a merger with Pakistan.
At the same time, workers in the building were documenting the raccoon's journey as she climbed past their office windows. Wednesday, presumably to find a stash of cat food and a live trap waiting to secure it on the building's roof.
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