Investment in stock market securities is assumed to be more risky because it is relatively more volatile than other
markets throughout the world. Volatility is the variation in asset prices change over a particular time period. In this paper,
various previous studies were reviewed and various dimensions relating to volatility in stock and other assets were discussed. The
studies were related to different stock markets across the countries. These dimensions found useful for the researchers for their
research work predicting stock market behavior and eventually for the growth and development of stock markets in a country.
