Mood: The mood of the video appears to be lively and playful, with a theme of youthful romance and friendship. The use of bright colors and energetic poses suggests a carefree and fun atmosphere.

Environment: The setting of the video seems to be an urban or city-based environment, possibly in Delhi (given the title 'Dilliwaali'), with a hint of a nightlife or party scene. The presence of a car and the attire of the individuals suggest a modern and trendy setting.