Mood: The mood of the video appears to be joyful and celebratory, with a sense of freedom and happiness. The theme seems to be related to love, relationships, or a carefree attitude, as suggested by the title 'Khulke Dulke' which translates to 'openly' or 'carefreely'. The overall emotion conveyed is lighthearted and playful.

Environment: The setting of the video seems to be outdoors, possibly in a garden or a rural area, given the presence of trees and bushes in the background. The man on the horse is dressed in traditional Indian attire, suggesting that the video may be set in an Indian or cultural context. The decorated horse and the man's attire imply a festive or celebratory occasion.