Mood: The mood of the video appears to be romantic and playful with a hint of drama. The theme seems to revolve around love, relationships, and possibly deception or fake emotions, as suggested by the title 'Pyaar Bhi Jhootha'. The overall emotion exuded is light-hearted and casual, with a touch of seriousness.

Environment: The setting seems to be a modern, possibly urban or upscale environment, given the clothing and hairstyles of the individuals. The presence of string lights in the background of one of the images suggests a warm, festive, or celebratory atmosphere. The overall setting appears to be trendy and youthful.