Had a mechanic check the Motor today after taking a quick look myself,
He said that the Head gastket is probably at the beginning of going,
Said that the water is mixing with the air and getting shot out the exhaust.
So aslong as i keep an eye on the Water level nothing else should go wrong.
But i will get it sorted asap.
If anyone has got PDF Manual for Punto i would love to have it,
Haynes manual or something.
Thanks guys.