Pulwama/Balakot crisis is important for several reasons. The prime amongst it is that Pakistan changed the rule of the game. It not only thwarted India's design, it effectively demonstrated that it could respond to any Indian aggression through conventional means. The paper argues that although India and Pakistan had a narrow escape during the conflict, there is a need for a cautious approach when it comes to Indo-Pakistan strategic stability. The papers focus on the crisis behavior of both countries and argue that while India intentionally initiated the crisis whereas Pakistan took every step to deescalate. At the end of the crisis, Modi claimed that India was prepared to hit Pakistan with multiple missiles if it had not returned the IAF pilot. While it might be music to his ultra-Hindu fundamentalist supporters, in fact, it was nothing but a desperate attempt to restore his credibility. In the subcontinental culture, aab ky Marr explains such a mindset.