Sterling broke the offside trap with a rare well-timed surge late in the game that nearly resulted in a goal which would have put City ahead - but his effort drifted just wide.
Dejan Lovren worked on his sharpness after a knee injury by undertaking 75 minutes for Liverpool's U23s on Monday, while Roberto Firmino has been running outside again.
Liverpool are determined to make it five consecutive Premier League wins on the spin against Manchester City as they advance their ambitions of a Champions League spot at the expense of Pep Guardiola's side.
But Guardiola reckons the result was a good bounce-back from crashing out of the Champions League in Monaco last week.
Hence his delight at not following Wednesday's loss to Monaco with another one, this time on their own ground.
"You can not imagine", Guardian quoted Guardiola as saying.
Guardiola, victor of two Champions Leagues and three La Liga titles with Barcelona plus three Bundesliga titles with Bayern, said his side had deserved all three points.
Liverpool also face one of their biggest games of the season at the start of next month, the Merseyside derby at home to Everton, and will be equally relieved not to have gone into the break brooding on a defeat.
That's 12 behind the leaders, Chelsea, two behind second-place Tottenham and one ahead of fourth-place Liverpool.
But Kevin de Bruyne picked out Sergio Aguero, who fired first-time past Simon Mignolet to earn his side a point, BBC reports.
"There were a few situations where we couldn't defend their quality".
"After the Champions League, the last few days at training people were so, so, sad".
Jurgen Klopp bare couldn't to watch the spot kick looking up into the stands in Liverpool's 1-1 draw with Manchester City in the EPL.
Klopp said: "He's one of the best, if not the best, player technically I ever worked with".
Meanwhile, first half goals from Christian Eriksen and Dele Alli at White Hart Lane gave Mauricio Pochettino's side the cushion they needed to hold onto victory after James Ward-Prowse halved the deficit early in the second half.
"To get a point at Manchester City for each team in the world is absolutely OK", Klopp told Sky Sports. In the first half alone, there was Nicolas Otamendi's pull on Sadio Mane as the Liverpool forward ran clean on goal, Milner's clip on the ankle of Raheem Sterling as the City winger looked set for a tap-in, and Ragnar Klavan's apparent tug on Aguero in the same move.
"It was hard. In the end we were better and deserved to win", Pochettino said.