Mood: The mood of the video appears to be light-hearted and comedic, with a theme of drama and playfulness. The costumes and makeup suggest a theatrical or performance-based setting, and the title 'Tu Bhi Draamebaaz' translates to 'You are also a drama queen/king', indicating a tongue-in-cheek tone.

Environment: The environment appears to be a behind-the-scenes or a dressing room setting, with the individuals dressed in elaborate costumes and makeup. The green wall and pictures in the background suggest a theater or performance space.