Asian markets were mixed on Wednesday (Feb 27) as an earlier rally had the wind taken out of it after Pakistan said it had shot down two Indian jets in its airspace in Kashmir, fuelling concerns of conflict between the nuclear-armed rivals. “This is unprecedented territory, we haven’t had tit-for-tat air strikes between India and Pakistan since the 1971 war,” Anit Mukherjee, a former Indian Army major and assistant professor at RSIS in Singapore, told Bloomberg News.