As you may know already, NOLOCK is used in some queries to avoid, SQL Server to acquire shared locks on the records being red. The main reason to use nolock is to eliminate the performance overhead, especially for large data sets, due to shared locks. Though you have the gain in performance wise, it also gives you dirty records (uncommitted data).
This article explains another behavior of nolock.
Let’s create a sample table with test data to illustrate the behavior.
