Consider a small magnet that is suspended just above a conducting fixed loop placed. The magnet is oriented perpendicular to the axis of the loop and is released to fall under gravity and at the same instant current is allowed to flow in the loop.
Let me paint the picture here:
The x-y plane contains the loop of equation $x^2+y^2=1$. Gravity acts in the negative $k$ direction. The magnet is above the x-y plane. The north of the magnet points along positive x. While south points along negative x. The current in the ring is clockwise as seen from the top.
Note- The above equation is only to clarify the question and an answer involving these equations is not required.
My question is how will the magnet behave?
The current in the loop creates magnetic field in the negative z direction. As the magnet passes the loop, it must interact with the field of the loop. I don't think lenz law will help here as the loop already has current in it. The orientation of the magnet makes it hard to follow the situation. Maybe the maxwell equations can help?
My teacher says the magnet would rotate about the axis of the ring. I don't seem to follow the reason. All help will be appreciated. I will be happy to edit the question for further clarification if required.