The Indian equity benchmarks snapped their three-week long winning streak for week ended June 1 on Friday as rising inflation, slowing economic growth, depreciating rupee and tight liquidity conditions dampened investors’ sentiment for equities. Meanwhile, expectations of aggressive rate hikes by the US Federal Reserve, after inflation in the Unites States touched new four decade high of 8.6 per cent in May, will further add to the bearish sentiment for markets globally, analysts said.