Another woman grappler -- Sakshi Malik lost her quarterfinal bout to Russia's Valeriia Koblova even after doing well in the initial two rounds.
Woman half miler Tintu Luka ran a poorly judged 800m race and exited from the fray after finishing sixth in her first round heat in 2:00.58 which gave her the overall 29th place from 65 participants.
A protege of track legend P T Usha, she holds the national record of 1:59.17 which she created in 2010.
The day commenced with the elimination of Srikanth, who went down fighting against defending champion Lin Dan to dash India's hopes of a medal.
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Taking the court a day after compatriot P V Sindhu had knocked out another top Chinese shuttler Wang Yihan to enter the women's singles semis, Srikanth gave Super Dan a tough time before going down 6-21 21-11 18-21 against the World No. 3 Chinese and made his exit from the competition.
The 21-year-old Hyderabad shuttler's elimination after his loss to Dan in an hour and four minutes in the quarterfinals has left Sindhu as the lone Indian out of seven entrants in the fray in badminton.
A victory would guarantee the tall woman at least a silver and a loss would propel her into the bronze medal play-off with the loser of the other semi final between Li Xuerei of China, the defending champion, and Spain's Carolina Marin, world no.1.
Away from badminton, women grapplers -- Vinesh and Sakshi -- crossed the first hurdle by registering contrasting victories in their respective weight divisions.
It was an easy outing for Vinesh in 48kg category as she thrashed Emilia Alina Vuc of Romania 11-0 by technical superiority to enter the quarterfinals.
A visibly hurt Vinesh, who winced in pain when her Chinese rival got a leg hold and twisted her, was taken away in a stretcher for medical attention.
Sakshi lost her quarterfinal bout 2-9 and is virtually
out of the fray.
Earlier, she came back strongly from 0-4 down to post an impressive 5-4 win over her Swedish opponent -- Johanna Mattsson -- to advance to the pre-quarterfinals and then eked out a narrow 5-5 win over Mariana Cherdivara Esanu of Republic of Moldova to enter quarters.
A former World No. 3, Srikanth seemed nervous early on and was totally outclassed in the lop-sided opening game which lasted just 16 minutes.
There was a visible change in Srikanth's demeanour in the second game as he raced to a 6-3 lead. His strokes got better as he caught the celebrated Chinese off guard a few times with his angled returns and held a six-point advantage at the interval that proved decisive when he captured the game to force the match into the decider.
Srikanth continued to stretch his more celebrated rival, who has won the All-England crown on six occasions, till the end but the superior experience of Dan saw him sail through to the semis against top seed Lee Chong Wei of Malaysia, who defeated Chou Tien Chen of Chinese Taipei 21-9 21-15 in another quarterfinal.