The deceased identified as Shakir, aged around 35, used to run a street food stall at Arwani in Bijbehara. He was shot twice in his chest and legs, they said.
Shakir was rushed to a hospital where doctors declared him brought dead.
It was immediately not clear as to who was the behind the killing, but police blamed militant groups for the incident.
Shakir had been running the food stall in the area for nine years. He is survived by his wife and two children, police said.