Mood: The mood of the video appears to be comedic and lively, with the three men displaying exaggerated expressions of excitement and joy. The overall theme seems to be related to friendship, camaraderie, and possibly street life or urban culture, given the setting and the title 'Gol Gappe'. The emotion conveyed is carefree and playful.

Environment: The setting of the video seems to be an urban environment, possibly a street or market area, given the presence of a shuttered storefront or garage door behind the men. The rustic, corrugated metal shutter and the casual, layered clothing of the individuals suggest a casual, everyday setting in an Indian city.