The market capitalisation (m-cap) of BSE-listed companies eroded by Rs 2,72,593.54 crore to Rs 1,39,70,356.22 crore.
According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.
The company has not given a specific timeline for the resumption of full output.
The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil price.
Analysts said raising of bets by participants mainly kept crude prices to trade higher.
Aramco has lost half of its production capacity after attacks on its facilities on Saturday.
Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.
Crude oil contracts for most-traded September delivery traded lower by Rs 7, or 0.17 per cent, at Rs 4,000 per barrel.
Marketmen said the fall in prices was mostly due to trimming of positions by traders in tandem with a weak trend overseas.
Analysts said the rise in crude oil futures was largely in tandem with a firm trend in the global market.