The Rayleigh-Taylor instability of a Newtonian viscous fluid overlying Walters $B′$ viscoelastic fluid is considered. For the stable configuration, the system is found to be stable or unstable under certain conditions. However, the system is found to be unstable for the potentially unstable configuration. Further it is found numerically that kinematic viscosity has a destabilizing effect, whereas kinematic viscoelasticity has a stabilizing effect on the system.

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