Mood: The mood of the video appears to be lighthearted and playful, with a sense of romance and affection. The theme seems to revolve around relationships and love, given the title 'Ashi Hi Aashiqui' which translates to 'This is love'. The overall emotion exuded is warmth and closeness between the two individuals.

Environment: The setting seems to be a casual, indoor environment, possibly a living room or a cozy space, given the presence of a pillow and the comfortable seating arrangement. The plain white wall in the background suggests a simple and intimate setting.