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The competition is going to be only American or Russian and the choice would be part political.
Going American would mean Russia can then be pursued by Pakistan for defence deals as well, so that will be in the back of Indian minds.
Going Russian would miff out the Americans for all that they've invested in India and sidelined Pakistan for.
Most probably they'll go for Americans
This deal will not harm any nations sentiments, as india has already Invested double the times in these nations, so this is Just a deal to rejoice.... And Next What makes You think that pakistan can attract Russia, financially and Morally????
Any ways Our relationship with Russia is not Built on just deals, and even if one deal collapses, our relationship would not Come to a stalemate