"We have shown great mental strength to bounce back after (losing against) Middlesbrough," he told Sky Sports 1 after seeing William Gallas' goal edge the 1-0 win.
"But there is nothing decisive. Liverpool have lost many points at home, they need to come back but are still in contention and Chelsea today showed they can still fight for the championship.
But while it looked like a bad injury, Grant insisted there was no break, defusing fears of a broken metatarsal.
"It was a bad injury," Grant told Sky Sports 1. "It was bad for us, especially after losing so many players (before the match).
"He (Terry) is not feeling well but he didn't break anything. We will wait for tomorrow to see how it is.
"The (possible damage to his) ligament will wait for tomorrow."