About 10 heavy weight stocks including HLL, ITC, ACC and Reliance attracted backwardation at the bourse. According to Mumbai-based brokers the backwardation or undha badla mirrors the short positions at these counters which has been on a steady rise during the past few sessions. "Despite the political uncertainties the FIIs have been net buyers on the exchanges during the week ended April 23. If the problem on the political front is sorted outwe should see a 200 points rally," said treasurer of BSE, Jayesh Sheth.