Mood: The mood of the video appears to be romantic and melodic, with a hint of nostalgia. The theme seems to revolve around love and music, given the title 'Piya Aaye Na' which translates to 'My Beloved Came' and the presence of a lofi mix by DJ Moody. The overall emotion exuded is one of longing and passion.

Environment: The setting of the video seems to be a dimly lit, possibly indoor location with a dark background adorned with pink and purple lights, suggesting a nightclub or a private lounge. The presence of a microphone and the attire of the individuals imply a performance or a musical setting.