Indian shares are moving sideways in early trading, tracking lackluster Asian cues as investors digest a string of mixed US economic data and earnings reports. Underlying sentiment remains slightly positive after Chinese Premier Wen Jiabao said easing inflation allows more room to adjust monetary policy. The benchmark 30-share Sensex is currently down 30 points or 0.17 percent at 17,698, while the broader Nifty index is down 4 points or 0.08 percent at 5,376. Second-line stocks are posting modest gains and the market breadth remains fairly positive, with gaining shares outpacing declining ones by 1065 shares to 876 shares on the BSE. Metal, FMCG and IT stocks are subdued, while auto, capital goods and realty stocks are gaining ground.