Mood: The mood of the video appears to be lively and celebratory, with a theme of revelry and possibly friendship or camaraderie. The presence of the text 'HAPPY NEW YEAR' suggests a festive atmosphere, likely related to the Indian New Year celebrations or a similar joyous occasion.

Environment: The setting seems to be a luxurious or ornate backdrop, possibly a nightclub or a lavish party venue, indicated by the sparkling and shiny elements in the background. The overall aesthetic suggests a high-energy environment with flashing lights, which is common in Indian celebrations and parties.