Mood: The mood of this video appears to be celebratory and lively, likely a birthday tribute to Akshay Kumar. The theme seems to be a compilation of his popular party songs, given the title 'Party Hits'. The overall emotion evoked is one of excitement and joy, suggesting a fun and energetic watch.

Environment: The setting of the video seems to be a nightclub or a concert venue, with bright lights and a lively crowd in the background. The presence of women dancing behind Akshay Kumar adds to the party atmosphere, indicating that the video may feature dance numbers and possibly other celebratory elements.