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SRINAGAR: A moderate intensity earthquake occurred in Kashmir valley in the wee hours of Thursday. However, no reports of casualty or damage were received from anywhere so far.  "A moderate intensity earthquake measuring 5.4 on the Richter scale occurred at 4.59 a.m. today," official in the disaster management department said.  "The epicentre of the quake was near J&K-Xingjian border and its coordinates are latitude 35.5 degrees north and longitude 77.6 degrees east”, he added.  Pertinently Geologically, the Valley is situated in an earthquake vulnerable region.