The continuously changing environment has led to devastating effects on the normal growth and development of plants. This necessitates the understanding of different components that can be involved in alleviating these effects. In the last two decades, nitric oxide (NO) has been largely focused on as a molecule whose endogenous production and exogenous supply lead to several molecular and physiological changes in plants under stressed conditions. Although its role as a signaling molecule in endogenous production has been largely discussed, its function in dealing with contemporary abiotic stress conditions on exogenous supply remains comparatively less explored. There is growing evidence that NO plays a critical role in many physiological processes; however, there is debate about the exact mechanism(s) through which NO lessens abiotic stress on external supply. In this review, we discuss the studies that were focused on observing the effect of exogenous NO on different abiotic stresses including heavy metal stress, element deficiency or toxicity stress, salt stress, drought stress, ultraviolet radiation stress, waterlogging stress, and chilling stress. Though the positive effects of endogenous NO have been discussed in brief in different sections, the focus of the review is to discuss the effects of exogenous NO on plant grown under abiotic stresses. Deciphering the underlying mechanism of exogenous NO treatment may open up new ideas that can suggest the successful application of NO in agricultural regions to reduce the damaging influences of different abiotic stresses.