  Fluid instabilities like Rayleigh-Taylor,Richtmyer-Meshkov and Kelvin-Helmholtz instability can occur in a wide range of physical phenomenon from astrophysical context to Inertial Confinement Fusion(ICF).Using Layzer's potential flow model, we derive the analytical expressions of growth rate of bubble and spike for ideal magnetized fluid in R-T and R-M cases. In presence of transverse magnetic field the R-M and R-T instability are suppressed or enhanced depending on the direction of magnetic pressure and hydrodynamic pressure. Again the interface of two fluid may oscillate if both the fluids are conducting. However the magnetic field has no effect in linear case. 
Development of Richtmyer-Meshkov and Rayleigh-Taylor Instability in   presence of magnetic field